Financial Terms

March 22, 2023

Demystifying Form 1065: A Comprehensive Guide for Partnerships and LLCs

If you are a partner in a partnership or a member of a limited liability company (LLC), then you are familiar with Form 1065. This tax return form is used to report the financial information of your b...

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March 01, 2021

Supreme Court Rules on Trump Tax Return

The Supreme Court last Monday ruled on former US President Donald Trump’s tax return, allowing a New York prosecutor to obtain them. This was a huge blow to Trump who has fought to keep his financia...