Partnerships are not subject to income tax at the entity level. Instead, they operate as pass-through entities, meaning the ...

Partnership Definition: A legal form of business operation between two or more individuals who share management and profits. The federal government recognizes several types of partnerships.

The two automakers are not in a fleeting partnership but an alliance that has lasted over a decade. The most dazzling result ...

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...