Partnerships are a type of business structure that allows two or more persons to function as one entity. All partners contribute financially with their skill sets and participate in the profits based ...

Closing a partnership may be the best move for you if you and your business partner are at an impasse as to how to continue business operations. The partnership is dissolved by filling out a few forms ...

Should you need to shutter your business, dissolving your LLC is a major part of closing down your operations. Going through the proper dissolution steps can protect you from potential liabilities. In ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Federal tax law treats partnerships as conduits for tax ...