- NY Credits : 3.0
- TX Credits : 3.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 3.0
A partnership is any unincorporated organization (including a syndicate, group, pool, or joint venture) that conducts a business or financial venture that cannot be classified as a corporation, trust, or estate. Implicit in this definition is the requirement that a partnership must carry on a business or investment activity for joint profit. This course introduces partnerships by exploring definitions, characteristics, nontax considerations, and tax advantages and disadvantages of operating as a partnership. It is a high-level overview of topics unique to this type of entity.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify partnerships characteristics and taxation.