Use this guide as a quick reference to find important information on nonprofit groups from the forms they’re required to file with the Internal Revenue Service. Most federally tax-exempt groups must ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Editor’s note: This is part 13 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...

Compared to traditional full-time employment, working for yourself can blur the lines between yourself and your business. In fact, when someone becomes self-employed, the default business structure ...

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 ...

The balance sheet is one of a company's most important financial statements, because it gives investors a snapshot of the company's financial health at any given moment in time. Essentially, it is a ...