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  2. Partnership accounting - Wikipedia

    en.wikipedia.org/wiki/Partnership_accounting

    Assume that a sole proprietor agreed to admit a single equal partner for a certain amount of money. The sole proprietor, Partner A, will give the new partner, Partner B, an equal share in the partnership. 100% interest of the sole proprietor will be divided in half, so that each of the two partners will have 50% interest in the partnership.

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1]

  4. Flow-through entity - Wikipedia

    en.wikipedia.org/wiki/Flow-through_entity

    However, if one is the sole member of a domestic limited liability company (LLC), one is not a sole proprietor if one elects to treat the LLC as a corporation. [5] In the United States, sole proprietors "must report all business income or losses on [their] personal income tax return; the business itself is not taxed separately.

  5. Uniform Limited Liability Company Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Limited_Liability...

    The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.

  6. Heather Locklear Calls Ex David Spade 'One of My Favorite ...

    www.aol.com/lifestyle/heather-locklear-calls-ex...

    Heather Locklear still has a lot of love for her ex David Spade.. On Friday, Dec. 6, the actress, 63, made a rare appearance at Steel City Con in Monroeville, Pa., where she participated in a Q&A ...

  7. Trump transfers his stake in Trump Media to revocable trust - AOL

    www.aol.com/news/trump-media-shares-fall-trump...

    Trump transferred 114.75 million shares, or 53% of Trump Media & Technology's outstanding stock, to the revocable trust of which he is the sole beneficiary, according to securities filings.

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