Option #2: Partnership Income Allocation
Which of the following expenses qualify as organizational expenses under IRC Sec 709 and may be deductible?
- Legal fees for negotiation of partnership agreement?
- Accounting fees for representations in offering materials?
- Filing fees?
- Accounting fees for services incident to organizing the partnership?
- Fees for tax opinions in the partnership prospectus?
- Assignment should follow APA guidelines with respect to use of subheadings, 1” margins and double spaced.
- Minimally 2-3 pages in length.
- References need to include your textbook plus 2 additional credible academic references. All sources used, including your textbook, must be referenced. Paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Use of the CSU-Global Campus Library (Links to an external site.) is necessary.