Partners sometimes pay business expenses out of pocket. But whether they can deduct those costs generally depends on the partnership agreement or an established reimbursement policy or practice. We explain the importance of clearly written policies and the rules for unreimbursed partnership expenses, including business mileage and home office costs.

Not-for-profit organizations aren't totally banned from lobbying activities, despite a common misconception that they are. However, the rules surrounding such endeavors are complex. Straying from IRS requirements for lobbying could jeopardize your tax-exempt status. This article explains the difference between lobbying and advocacy, and the circumstances under which nonprofits are allowed to lobby.

Great business success can rarely, if ever, be accomplished alone. Most company owners reach a point where they simply must add some co-leaders to the organization to rise above the competition and reach that next level. This article describes a variety of best practices for executive hiring, including publicizing your intentions and preparing for the interview.

As a business owner, you're no doubt regularly urged to think carefully before signing on the dotted line.This is indeed good advice but, if you co-own a company, you shouldn't hesitate to sign off on a buy-sell agreement — assuming its mutually agreeable to you and your fellow owners. This article describes how buy-sell agreements work and why they're so important.