Understanding a Partner's Account on K1. With the partnership business structure, the company files a Form 1065 tax return for the business, but the individual partners claim business profits and ...

How to Account for Partnership Partner Salaries. For accounting and tax purposes, an unlimited partnership is equivalent to two or more sole proprietors working together.

Many farming partnership accounts contain errors which cause complications, cost and stress when there is a change, such as a death or retirement from the ...

The IRS released draft instructions for Form 1065, U.S. Return of Partnership Income, to calculate partner capital accounts using the tax-basis method.

The accounts are being matched up with partners based on geographical location, product expertise and vertical industry experience, says SAP's Kevin Gilroy.

With new rules of engagement, disclosed to select partners nine days ago, Oracle is raising the level of partner involvement in many of its biggest accounts. In the past, partners sold into ...

Google is calling the project “Cache,” and it’ll partner with banks and credit unions to offer the checking accounts, with the banks handling all financial and compliance activities related ...