LO.1 Assume that a partnership is profitable and that its tax year ends on December 31, but
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LO.1 Assume that a partnership is profitable and that its tax year ends on December 31, but one of the partners tax year ends on September 30.
Does the partner enjoy a tax benefit or detriment from the partnership’s use of a December 31 tax year-end?
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Related Book For 
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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