The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Business Formation

General Partnership Guide: FAQ and Answers

Want to go into business with someone else? The simplest and quickest way is to form a general partnership (or GP). Just get your business partner or partners together, start working, and

What Is an LLC: A Legal Guide

It’s relatively easy to organize a business as an LLC. LLCs range from small online shops to large, multi-level companies. If you are considering starting a business, check out the following answers

How To Start a Sole Proprietorship

There are three legal forms of business ownership, and a sole proprietorship is just one of them. This type of business is sometimes called a proprietorship, sole tradership, or individual entrepreneurship. There

Different Types Of Nonprofit Organizations

When you hear of the designation – “nonprofit” – you are generally thinking about only one of the many different types. There are also entities called “non governmental organizations” (NGOs). What are

Who Is Required To Send 1099 Forms?

In the United States, business entities and individuals who pay others for work performed or professional services rendered have a few options available when it comes to reporting payments made throughout the

Finding a Business Tax ID Number

A business tax ID number may be referred to as a Tax Identification Number (TIN) or an Employer Identification Number (EIN). These numbers are the same as an individual’s social security number.

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