A neuron is a nerve cell that is the basic building block of the nervous system. Neurons are similar to other cells in the human body in a number of ways, but there is one key difference between neurons and other cells. Neurons are specialized to transmit information throughout the body.
A limited partner is a partner in a partnership whose liability is limited to the extent of the partner's share of ownership. Because he is not a material participant, The Internal Revenue Service (IRS) treats the income that a limited partner realizes from his partnership as passive income that he can offset with passive losses.
The general partner(s) is responsible for the debts and obligations of the partnership; the limited partner(s) is not involved in the day-to-day operations and their liability is limited to their capital contributions. Fee: $125. Complete and submit this form to register a Limited Partnership located in PA.