Sentences with phrase «of liability partnership»

Not exact matches

Settle on which form of ownership is best for you: a sole proprietorship, a partnership, a limited liability company, a corporation, an S corporation, a nonprofit or a cooperative.

A major disadvantage of doing business as a general partnership is that all partners are personally liable for business debts and liabilities (for example, a judgment in a lawsuit).

Your business's legal form of operation (sole proprietorship, partnership, corporation or limited liability company), when it was founded, the principal owners and key personnel

«We wanted to run our store cooperatively, which suggested a partnership, but we were afraid of the liability risks we'd assume if we opted for a traditional partnership status,» says Carine Ullom, one of the owners of Simple Goods General Store, a Lawrence, Kans., retailer of environmentally safe products, which is set up as an LLC.

Another significant past drawback of the R&D credit was that companies» ability to use it was limited if they — or their shareholders, in the case of pass - through entities like S corporations, limited liability companies, and limited liability partnerships — either didn't owe federal income tax or were subject to the alternative minimum tax (AMT).

However, these tax savings apply only to C corporations, and the majority of small business is conducted as one form or another of pass - through entities — partnerships, limited liability companies (LLCs) taxed as partnerships or S corporations.

Limited Partner: a co-owner of a business organized as limited partnership who (unlike a general partner) does not participate in the management of the firm and has limited personal liability for the firm's debts.

The Corporation shall maintain insurance to the extent reasonably available, at its expense, to protect itself and any such director, officer, employee or agent of the Corporation or another corporation, partnership, joint venture, trust or other enterprise against any such expense, liability or loss, whether or not the Corporation would have the power to indemnify such person against such expense, liability or loss under the Delaware General Corporation Law.

One point often lost on critics of that outfit is that its main liability — entwinement with a far - flung political network — also accounts for its unique ability to mobilize new resources and partnerships behind different causes.

These assets can be shares of stock in other corporations, limited liability companies, limited partnerships, private equity funds, hedge funds, publicly traded stocks, bonds, real estate, song rights, brand names, patents, trademarks, copyrights, or virtually anything else that has value.

He is a Certified Specialist both in Taxation Law and in Estate Planning, Trust & Probate Law (The State Bar of California, Board of Legal Specialization) admitted to practice law in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporations.

General Partner: an owner of a partnership who has unlimited liability and who is active in the day - to - day operations of the business.

The limited liability protection is one of the main reasons that businesses choose incorporation over other forms of businesses such as sole proprietorships and partnerships.

Pass - through entities: The net income of pass - through entities like partnerships, S corporations, limited liability companies (LLCs) and sole proprietors is effectively taxed at individual tax rates.

Your amount realized will be measured by the sum of the cash or the fair market value of other property received plus your share under the partnership tax rules of our liabilities, if any.

He is the author of Oklahoma Business Organizations: Formation and Representation (Lexis / Matthew Bender Publishers, 1990 - supplemented annually), a highly successful practice manual for lawyers concerning material specific to Oklahoma corporate, partnership, limited liability companies and securities law.

Special liability insurance such as Errors and Omissions Insurance, Home - Based Business Insurance, Buy - Sell Insurance to protect your partnership — there are all kinds of eventualities that your business will need to be protected from right from the get - go.

The new law carves out a brand - new tax deduction for owners of pass - through entities, including partners in partnerships, shareholders in S corporations, members of limited liability companies (LLCs) and sole proprietors.

Notably, the new law carves out a brand - new tax deduction for owners of pass - through entities, including partners in partnerships, shareholders in S corporations, members of limited liability companies (LLCs) and sole proprietors.

MLPs: Master Limited Partnerships (MLPs) are limited partnerships or limited liability companies that are taxed as partnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of cPartnerships (MLPs) are limited partnerships or limited liability companies that are taxed as partnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of cpartnerships or limited liability companies that are taxed as partnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of cpartnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of common stock.

Some of the basic legal entities in existence include; sole proprietorship, partnership, corporation, S corporation and Limited Liability Company (LLC).

Once the Quebec government's investment is complete, it will own 49.5 per cent of a new limited partnership with all the assets, liabilities and obligations of the CSeries aircraft program.

A limited liability company (LLC) is a hybrid business entity that has certain characteristics of both a corporation and a partnership / sole proprietorship.

BEIJING (AP)-- A Chinese investment holding company said it has signed a letter of intent to purchase oil fields in Texas for 8.3 billion yuan ($ 1.3 billion) through a limited liability partnership.

Limited partnerships (LP) are a hybrid of general partnerships and limited liability partnerships.

Establishing your business as a sole proprietorship, a partnership or a corporation will affect the type of funding you are able to raise, your own personal liability, how the business is taxed, and more.

Our extensive research about the industry in the United States has shown that venture Capital firms typically assume the structure of a limited partnership or a limited liability firm.

Generally, you have the option of either choosing a general partnership, limited liability company which is commonly called an LLC, or a sole proprietorship for a bitcoin exchange and trading company.

You have the option of either choosing a general partnership, limited liability Company which is commonly called an LLC, or even a sole proprietorship for a business such as office cleaning services business.

Master Limited Partnerships (MLPs) are limited partnerships or limited liability companies that are taxed as partnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of cPartnerships (MLPs) are limited partnerships or limited liability companies that are taxed as partnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of cpartnerships or limited liability companies that are taxed as partnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of cpartnerships and whose interests (limited partnership units or limited liability company units) are traded on securities exchanges like shares of common stock.

As Chief Underwriting Counsel, Gary reviews and evaluates transaction structure and provides feedback on the insurability and necessary due diligence required to underwrite major - market commercial finance, mezzanine loan transactions and purchases of equity interests in limited liability companies and limited partnerships.

But limited liability companies — businesses that share attributes of corporations and partnerships — are allowed to give up to $ 60,800 to a statewide candidate per election cycle and up to $ 150,000 a year to candidates and committees overall.

The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.

LLCs have become the state's most popular form of limited liability business entity and are favored by small business owners because it affords them the «managerial flexibility and favorable tax benefits of the partnership, while also providing the conventional limited liability protection of the corporation.»

The three most prevalent types of for - profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.

By using the bully pulpit to promote the idea of choice rather than to promote policies that support high - quality choices, and by making chartering an NCLB punishment rather than promoting it as an opportunity for partnership, the Administration's support for charters became a liability.

Through the program, state residents, S - and C - corporations, LLCs, partnerships and trusts redirect a portion of their Georgia tax liability to a Student Scholarship Organization (SSO) in support of financial aid at independent schools of their choice.

J. «Macmillan» means (1) Holtzbrinck Publishers, LLC d / b / a Macmillan, a New York limited liability company with its principal place of business in New York, New York; and (2) Verlagsgruppe Georg von Holtzbrinck GmbH, a German corporation with its principal place of business in Stuttgart, Germany, their successors and assigns, and their parents, subsidiaries, divisions, groups, affiliates, and partnerships, and their directors, officers, managers, agents, and employees.

The idea behind the limited liability company model is to blend the straight - forward taxation of sole proprietorships and partnerships with the limited liability protection enjoyed by corporations.

General partner: The partner who has the responsibility to manage the business and affairs of a limited partnership, and who has unlimited liability.

Almost any type of business is eligible to establish a SEP - IRA, from self - employed individuals to multi-person corporations (including sole proprietors, partnerships, S and C corporations, and limited liability companies [LLCs]-RRB-, tax - exempt organizations, and government agencies.

A business may have to complete Form 433 - B if it is a partnership, a corporation, limited liability company (classified as a corporation or other), or another type of entity.

Yet there are still some legitimate ways of reducing tax liability through investments in certain types of partnership or limited liability company arrangements involving such activities as oil and gas drilling.

Terms, defined.For purposes of the Credit Services Organization Act: (1) Buyer shall mean an individual who is solicited to purchase or who purchases the services of a credit services organization; (2) Consumer reporting agency shall have the meaning assigned by the Fair Credit Reporting Act, 15 U.S.C. 1681a (f); (3) Credit services organization shall mean a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides or represents that the person can or will provide any of the following services: (a) Improving a buyer's credit record, history, or rating; (b) Obtaining an extension of credit for a buyer; or (c) Providing advice or assistance to a buyer with regard to subdivision (a) or (b) of this subdivision; (4) Extension of credit shall mean the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal, family, or household purposes; and (5) Person shall include individual, corporation, company, association, partnership, limited liability company, and other business entity.

Use the forms that are numbered in the 200 series if you are preparing a bankruptcy on behalf of a nonindividual, such as a corporation, partnership, or limited liability company (LLC).

You can be a member of a partnership or limited liability company («LLC») that carries on a trade or business.

A type of partnership whereby a limited partner can not participate in the daily business activity and liability is limited to the partner's investment.

Wall Street worked better when it was a bunch of partnerships, rather than limited liability corporations.

Except as provided in subdivision (2a) of this section, «control» means the power to vote more than twenty percent (20 %) of outstanding voting shares or other interests of a corporation, partnership, limited liability company, association, or trust.

An entity formed under state legislation that enables large numbers of investors to become limited partners of a partnership, owning an economic interest in the entity's assets, but sharing in its liabilities only to the extent of their initial investment.