Many farming partnership accounts contain errors which cause complications, cost and stress when there is a change, such as a death or retirement from the business, or a dispute. As farm businesses ...

Regardless of the type of company you run, the same basic accounting equation applies: The value of your company's assets is equal to its total liabilities plus the owners' equity in the firm.

They say that two heads are better than one, and that's how partnerships came to be. Whether you're a doctor looking for a peer to take on more patients, a lawyer who wants to branch out into ...

Individual partners of partnerships and individual shareholders of S corps are now eligible for a business tax account, according to the Internal Revenue Service, joining sole proprietors. The IRS ...