Category Archives: Partnership Taxation

Tax Aspects of Partnerships

A partnership, for tax purposes, is defined by negative implication.  It is a “joint venture” or similar organization engaged in business that is not classified as a trust, corporation or estate.  Partnerships, unlike corporations, generally pay no income taxes.  Taxes … Continue reading

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Partnership Taxation

A partnership, for tax purposes, is defined by negative implication.  It is a “joint venture” or similar organization engaged in business that is not classified as a trust, corporation or estate. Partnerships, unlike corporations, generally pay no income taxes. Taxes … Continue reading

Posted in Partnership Taxation, Tax Decisions, Tax News & Comment | Leave a comment