Workshak's post on limited liability partnerships (which pulls from Taxgirl's post on ProBlogger) is right about one thing:  that limited liability partnerships (LLPs) are pass-through entities. 

What the post doesn't address is that the LLP statutes in many states make the form less-than-ideal for many multiple-owner businesses.  For example, in some states, LLPs can be used only for businesses whose principals are licensed pro...

My guest on the radio show today was Jennifer Glunz Faulk, part of the fourth generation running 120 year old family business Glunz Beers.  Listen to her stories about how they had to sell all their liquor in one day after Prohibition went into effect and where they hid their supply! You think you have problems during [...]