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Forming a Partnership

The following sections contain general information about partnerships. Organizations Classified as Partnerships An unincorporated organization with two or more members is generally classified as a partnership for federal tax purposes if its members carry on… Read More »Forming a Partnership

Estimated Taxes

Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes and awards.… Read More »Estimated Taxes

Self-Employment Tax

This section discusses self-employment tax. The list of items below should not be construed as all-inclusive. Other information may be appropriate for your specific type of business. What is Self-Employment Tax? How to Pay Self-Employment… Read More »Self-Employment Tax