Many lawyers and accountants operate using a limited liability partnership (“LLP”) and own their interest in the LLP either personally or through a professional corporation. In this episode, we talk about what a partner’s capital account is, how it works, and why it matters.
Show Notes:
For the blog Lawyers Partner's Capital Accounts
Learn about Business Structures for Law Firms
Legal/Law Firm Accounting Solutions
https://www.achenhenderson.ca/
