Proposed Rules Define Disguised Payments for Services in Partnerships
Majority of CPAs Polled Had Clients Victimized by Tax ID Theft This Year
July 17, 2015Tax Identity Theft Information & Tools
July 23, 2015The IRS is proposing to apply a nonexclusive six-factor test to
determine whether payments from a partnership to a partner are disguised
payments for services that are not rendered in the partner’s capacity
as a partner in the partnership.
Source:: AICPA – Tax