Partnership Tax Benefits?
What classifies a partnership?
I heard on the radio a CPA talking about including the technicality of being in a partnership with someone (anyone really, even just a name, if you let them know) and gaining tax benefits... what are these benefits, and how can i get into a 'partnership' (fictional agreement really... just for tax benefits) legally to gain these benefits?
Right now, I am researching similar issues for our company. Are you already a corporation or an established business entity? If so, you can become a partner with your legally established business.
(Anyone with superior experience than my newbie experience, please feel free to chime in!)