Partnerships 101

What’s a partnership? A partnership happens when 2 or more people join together in business. Some partnerships gives their owners (partners) a limited liability shield of asset protection, but all partnerships have flow through taxes, so partnership profits are only taxed in the partner’s hands, not at the partnership (entity) level

If my firm can help you with your partnership needs, please call or email me at your convenience. My law firmJohnson Law KC LLC, works with clients on various business law needs to help clients take care of their legal needs quickly and inexpensively, and has years of experience counseling clients on a variety of business law issues. Call (913.707.9220) or email me ( to schedule a free, convenient consultation.

(c) 2016, Stephen M. Johnson, Esq.


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