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It would be passive. I would say the partnership is a dealer where on partner is active and the other one passive. She only put money into the partnership, othe...
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Hello Everyone,I have a question about how to treat a tax issue for a house flipping client. I have a client with a partnership that flips houses. It’s just him...
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How do I close retained earnings for each partner on ProSeries?
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Well, to summarise. I am a CPA. I am a professional. I did my research. And I wanted to confirm with another professional. I would rather look stupid a million ...
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Is being condescending on professional forums considered an acceptable way to conduct ourselves now? That’a good to know.