As 2025 approaches, businesses are working on their budgets, and one important aspect is how much should owners be paid? The decision has important … Read more about 5 Factors to Consider in Setting Compensation for Owners
Partnerships and LLCs: What IRS Statistics Tell Us
“Coming together is a beginning, staying together is progress, and working together is success.” ~ Henry Ford A partnership is not a taxpaying … Read more about Partnerships and LLCs: What IRS Statistics Tell Us
What Does Partnership and LLC Status Mean from a Tax Statistics Perspective?
A profile of partnerships and LLCs from a tax perspective A partnership is not a taxpaying entity, but files an annual tax return, Form 1065, to … Read more about What Does Partnership and LLC Status Mean from a Tax Statistics Perspective?