The partnership structure for an LLC is the default filing status under federal law. According to the IRS, if a partnership does not specifically file Form 8832, Entity Classification Election, the IRS will tax it as a partnership if it has two or more owners.
The term national committee means âthe organization which, by virtue of the bylaws of a political party, is responsible for the day-to-day operation of such political party at the national level, as determined by the Commission.â (2 USCS Â§ 431).he term national committee means âthe organization which, by virtue of the bylaws of a political party, is responsible for the day-to-day operation of such political party at the national level, as determined by the Commission.â (2 USCS Â§ 431).
Wiktionary(0.00 / 0 votes)Rate this definition: 1  committee(Noun) a group of persons convened for the accomplishment of some specific purpose, typically with formal protocols. 2  committee(Noun) a guardian; someone in charge of another person deemed to be unable to look after himself or herself.