Before a small business opens its doors, many business owners face an important decision: Will they structure their business as a limited liability corporation (LLC) or a limited liability partnership ...

IT HAS BEEN MORE THAN A DECADE since the AICPA amended Rule 505, Form of Organization and Name, of its Code of Professional Conduct’s Rules of Practice to permit the practice of accountancy in LLCs ...

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If you're filing income tax for the Assessment Year 2025–26 as a Limited Liability Partnership (LLP), partnership firm, or Association of Persons (AOP), it's crucial to understand the changes in the ...