In Sirius Solutions, the court rejected a participation-based test for self-employment tax, finding that limited liability, ...

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Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...

LLP stands for limited liability partnership. As the name suggests, an LLP provides its members with a degree of liability protection, shielding them and their personal assets. [Sign up for stock news ...

The U.S. Court of Appeals for the Fifth Circuit issued a pivotal decision in Sirius Solutions, L.L.L.P. v. Commissioner on January 16, 2026, ...

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 ...

For individuals who want to invest in commercial real estate, but may lack the stomach to go all-in individually, or even to have the bulk of liability for a new entity, a real estate limited ...

Please provide your email address to receive an email when new articles are posted on . Our third and final post in the series “Introduction to Taxation of Sales Proceeds” addresses the taxation of ...

Opinion: Texas LLC and partnership agreements can no longer rely on background legal norms to police discretion or fill gaps.