Kate Springer, an attorney representing ABLE, said the main issue in the case was that the company applied as an LLP, a ...

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...

Experts noted that while specific standards on auditing exist for companies, such standards are yet to be notified for LLPs ...

And not all PTPs are MLPs; some could be publicly traded limited liability companies (LLC) that have decided to be taxed as a partnership. Just as with ordinary shares, when investors sell shares ...

The IRS issued regulations that finalize proposed regulations issued in 2013. The guidance is focused on when and to what extent a partner is treated as bearing the economic risk of loss and the ...

Berry-Rock Homes is just one of many contract-for-deed companies filling a gap between rental companies and regular mortgage ...

Limited liability companies (LLCs ... it is a multimember LLC and will almost always need to file an annual Form 1065 ...

Greater asset protection can be achieved by holding the general partnership interest in a limited liability company (LLC) that is owned and controlled by the parents. At the same time, the parents ...

There are different types of partnership, such as general partnership, limited partnerships (LPs), and limited liability ...

As Limited Liability Partnerships (LLPs) gain traction across industries, the auditing and accounting oversight body is ...

The three main types of partnerships—general partnership, limited partnership, and limited liability partnership—vary in how much legal and financial liability each partner is exposed to.