In Sirius Solutions, the court rejected a participation-based test for self-employment tax, finding that limited liability, and not day-to-day activity, controls who qualifies for the self-employment ...

Residents in three states don't owe self-employment tax if they're a true limited liability partner under the law.

Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...

On January 16, 2026, the United States Court of Appeals for the Fifth Circuit issued a ruling defining the term “limited ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Dr. JeFreda R. Brown is a financial consultant, Certified ...

How to Account for Consolidation of Limited Partnership. The consolidation process allows you to combine the separate financial reports of the entities that your parent company controls. In the ...

Different types of businesses and business interests hold different levels of liability when it comes to debts and obligations. Owners of sole proprietorship businesses and general partnerships may be ...

Learn about limited partnerships, how they compare with other partnerships and how to form a limited partnership. Many, or all, of the products featured on this page are from our advertising partners ...

LPs are entities or individuals who contribute capital to VC funds. In venture capital, limited partners or LPs are entities or individuals who contribute capital to VC funds. LPs invest in the fund’s ...

In Gavin/Solmonese LLC, Liquidation Trustee for the Citadel Creditors’ Grantor Trust, successor to Citadel Watford City Disposal Partners, L.P., et al. v. Citadel ...