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  • Posted in: Tax Talk

    How were the expenses paid? Was this a lawsuit against the firm itself and the partners paid the expenses out of pocket? Why weren't the expenses paid out of the partnership account? As Jack said...

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    RE: legal partnership

    Posted in: Tax Talk

    If the $45K is legitimate partnership expense paid outside of the partnership, they need to be spread throughout the appropriate expense accounts with Court Costs likely receiving the larger amount....

  • Posted in: Tax Talk

    I attended a Bob Jennings seminar yesterday and he has tested Windows 10. His office had major issues. He is recommending not installing until after next tax season. Let someone else work out all...

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