Question
A partnership may elect to amortize the cost of organizational expenses. IRC 709(a), (b)(1) However, to be an organizational expense, the expense must meet a
A partnership may elect to amortize the cost of organizational expenses. IRC 709(a), (b)(1) However, to be an organizational expense, the expense must meet a three-part test. Please discuss and provide examples.
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Accounting A Systems Approach
Authors: Alison Warman, Jeff Davies
1st Edition
1861520379, 978-1861520371
