Choice of Business Entity - Partnerships
Provider: CeriFi Checkpoint Learning
Taxes
3 CPE Credits
Basic
QAS self study
IRS EA Federal Taxation
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.