Discover key terms to include in a partnership agreement: ownership, profit sharing, dispute resolution. Ensure smooth operations and minimize partner conflicts.

In his Law Firm Partnership Law column, Arthur J. Ciampi writes: Recently it has been reported that disputes over law firm partners' capital in their firms have increased. Regardless of whether this ...

Single-tier firms are becoming fewer and fewer, and the cultural arguments against it may not hold. Several industry observers point to competitive advantages for two-tier firms. Still, several firms ...

The Indian government has introduced a new tax rule for partnership firms, which will come into effect from April 1, 2025. This rule mandates that firms must deduct Tax Deducted at Source (TDS) on ...

Sure, you've got a partnership or two to help support your business. But how healthy are they? Fortunately, there are signs they're headed in the right direction. The success of a business often ...

Late last year, I announced that my accounting firm, previously focused only on operational accounting, would offer full tax filing services to existing and new clients. It wasn’t a move I expected to ...