Dictionary of Legal Terms
What is a Partnership?
A partnership is an association of two or more people or entities. Partnerships can come in many different forms that offer differing degrees of protection from personal liability for its owners.
Don’t Underestimate the Taxes When Selling Your Business
Just like any other transaction, the sale of a business is considered a source of income, and sellers are often obligated to pay taxes.June 26, 2019
Can I Sell My Sole Proprietorship to My Kids?
While it may seem straight-forward, transferring ownership—regardless if it’s to a child or to an external buyer—can be a complicated process.June 25, 2019
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