Liquidation is the process of settling all business liabilities and valuing and disposing of a business's assets. When your company is organized as a partnership, liquidation involves state law and ...
Whenever more than one person enters into business together, a partnership is formed. In the best-case scenario, a partnership agreement is drafted and the rules of the partnership are expressed to ...
Most valuation experts use data from the syndicated limited partnership (SLP) market to determine applicable valuations for family limited partnerships (FLPs) that hold real estate. However, in the ...
In our changing economy, mergers have become a common occurrence especially among large corporations. But what happens if partnerships wish to merge? Can partnerships merge under the same rules as ...
WASHINGTON, DC - SEPTEMBER 29: Speaker of the House Nancy Pelosi (D-CA) leaves the House floor after a procedural vote in relation to suspending the U.S. debt ceiling at the U.S. Capitol on September ...
It's been eons since we've had a Tax Geek Tuesday, but that's not to say I've shirked my responsibility of trying to make sense of the nether regions of the Internal Revenue Code. For the past few ...