The Internal Revenue Service has posted new information about how to handle possible processing errors when electronically filing Form 1065, "Return of Partnership Income," and ways to avoid them. In ...

The Internal Revenue Service released an early draft Thursday of the instructions for Form 1065, U.S. Return of Partnership Income, with newly revised directions for how partnerships should report on ...

Discover the differences between limited, general, and joint venture partnerships and learn how each impacts liability, taxes, and management control in business.

Partnerships don’t pay federal tax; income, losses, and credits pass to partners, who report them. Learn more about partnership taxes here. Do you have a great business idea, but you’re not sure you ...

All partnerships must file Internal Revenue Service Form 1065 annually to report revenue and expenses. Form 1065 must be filed by the 15th day of the fourth month following the end of the ...

When you set up a small business as a general partnership, you're obligating yourself as your partners' keeper. Partners are legally responsible for the business actions of other partners. Fortunately ...

The IRS has proposed adding two new schedules to Form 1065, U.S. Return of Partnership Income, to help standardize the format in which partnerships report international tax items, beginning with tax ...