Tag Archives: 1065
Advantages and Disadvantages of a General Partnership
Continuing my post about the advantages and disadvantages of a sole proprietorship, the next I will detail is a General Partnership. A general partnership is an agreement between two or more parties in which they agree to share the profits … Continue reading
Form 1065
Are you thinking about starting a General Partnership? Are you involved in a General Partnership and have questions about your taxes? This post contains affiliate links If these questions apply to you, I have created a eBook on Amazon that … Continue reading
Business Taxes Under the Tax Cuts and Jobs Act
The biggest changes in the new law are a permanent flat 21% corporate tax rate and a qualified business income credit for pass-through entities thru 2025. In prior years, corporations paid a graduated 15-35% and personal service corporations, like my CPA … Continue reading