With the partnership business structure, the company files a Form 1065 tax return for the business, but the individual partners claim business profits and losses on their individual tax returns. Each ...

A limited liability company (LLC) grows from an initial investment made by each owner or member of the LLC. This seed money is called capital, and it's used to cover the first few months of business ...

If it hasn't happened to you already, it will. You land a new client, a partnership. You've decided to do your due diligence for a change, and actually, you know...read the partnership agreement.

What accounts for the surge in cross-border capital flows over the past two and a half decades? Capital account liberalization—that is, easing restrictions on capital flows across a country’s ...

For tax year 2018 filings, the Internal Revenue Service made a drastic change to the Form 1065, U.S. Return of Partnership Income, that went unnoticed by most practitioners. Specifically, the ...

It is well accepted that trade generates winners and losers. The past few decades have seen increases not just in trade in goods and services but trade in assets, as countries relax restrictions on ...