Sentences with phrase «unincorporated general partnership»
Does an unincorporated general partnership subject its partners - who are individuals - to federal self employment taxes (social security, medicare)?
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In general, a husband and wife who jointly own an unincorporated business must file taxes for the business as a partnership.
General partnership: An unincorporated business owned by more than one person, where all of the partners share equally in the management, profits and losses.
Etsy shops based in the US can choose between three business structures: an unincorporated entity, a sole proprietorship or general partnership.
Eligibility for assistance for respondents under the Attorney - General's existing Financial Assistance Guidelines scheme has been broadly defined, making assistance available to individuals, partnerships, small businesses, local government bodies, incorporated and unincorporated groups and peak bodies or organisations.
Multifamily general contractors are least likely to remain unincorporated, with only 19 percent of establishments registered as either individual proprietorships or partnerships.