A limited partnership is a partnership in which there are two types of partners: general and limited partners. General partners manage the business and are jointly liable for the debts and obligations ...

LPs invest capital and receive income, carrying no personal liability beyond their investment. GPs manage daily LP operations but face unlimited personal liability if the LP fails. LPs are taxed as ...

A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her work has ...

Limited partnerships have two types of partners -- general partners and limited partners. While a general partner is in charge of her company's day-to-day operations, a limited partner is generally ...

A small business can be organized as a sole proprietorship, partnership, corporation or LLC. The tax and employee benefit rules allow a small business of any structure to set up a pension plan for ...

Master limited partnerships produce tax-deferred income. Many top MLPs offer yields in the 7%-8% range. They steadily increase those payouts as they grow their cash flow. Master limited partnerships ...

Most of us can come up with at least one good idea to help solve our community’s most pressing challenges. Moving that solution past the kitchen-table discussion stage to implementation is the ...