The Internal Revenue Service and the Treasury Department released proposed drafts of redesigned partnership form schedules for tax year 2021 (filing season 2022) that aim to provide more clarity for ...

A general partnership, while inexpensive to set up, potentially saddles the partners with big personal liability. Many, or all, of the products featured on this page are from our advertising partners ...

It is fairly common knowledge in CPA circles that the rate at which the IRS examines partnership returns has cratered. Because of this, it may have escaped notice that the IRS has methodically ...

Learn about limited partnerships, how they compare with other partnerships and how to form a limited partnership. Many, or all, of the products featured on this page are from our advertising partners ...