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If there was adequate documentation of a loan and proper booking in the books then is a partnership return still necessary or is a 1040 okay? What about interes...
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If there was adequate documentation of a loan and proper booking in the books then is a partnership return still necessary or is a 1040 okay? What about interes...
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The client is stating it's a loan but when the business gets sold it gets repaid for a higher amount.I'm not sure what is needed to document that it's a loan ve...
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Should my client who is a single member LLC, (but has an investor who's loan is repaid when the business is sold for a portion of the sales proceeds) file a 104...
