Chicago Accounting Articles
Feb 28, 2013
Updated July 27, 2015 Tax Form 1065 K-1 Tax Preparation Chicago Illinois Form 1065 is the Federal Partnership Return. Regular partnerships, along with Limited Liability Companies and Limited Liability Partnerships are reported on this return. From a...
Feb 28, 2013
Updated July 29, 2015 LLC and LLP Financial Statements and General Accounting Chicago Illinois The financial statements of a limited liability company (LLC) or partnership (LLP) are generally the same as the financial statements of other businesses with...
Feb 28, 2013
Updated July 24, 2015 LLC Tax Rate Chicago Illinois What are LLC and Partnership Tax Rates and Brackets? Under U.S. Income Tax laws, a partnership is treated generally as if it were nothing more than two or more sole proprietorships put together....
Dec 17, 2012 | FAQs
Updated July 16, 2015 How do you do financial statements for an LLC or an LLP? LLC financial statements, from a taxation standpoint, are partnership financials. As such, the equity or ownership side of the balance sheet is different. Partnerships are...