I am genuinely sorry for misspeaking previously and I cannot tell you both how much you have helped. Thank you!

I know that there are no issues with business acting as partners for a partnership. I am a commercial credit analyst and I see 1065's all the time with LLC's li...

It may help to clarify that I know that, as far as tax matters are concerned, my business and me are indistinguishable. I know that my "guaranteed payments" wil...

A professional accountant and attorney drew up all of the paperwork. The partnership is jointly owned by my company and another company, an S-Corp, which is the...

My new partner is NOT my spouse. He had a sole proprietorship that was converted into a partnership when he made my Schedule C business a partner via a partners...