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

Posted in Entrepreneurship, Small Business | Tagged , | Comments Off on Advantages and Disadvantages of a General Partnership

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

Posted in Book Reviews, Entrepreneurship, Legal, Small Business, Tax | Tagged , , , , | Comments Off on Form 1065

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

Posted in Tax | Tagged , , , , , | Comments Off on Business Taxes Under the Tax Cuts and Jobs Act