Apply these questions listed below to a coffee shop.

$-$ What types of entities are taxed as flow$-$through entities?

$-$ When are partnerships eligible to use the cash basis of accounting?

$-$ What are some commonly separately stated items, and why must they be separately stated to the partners?

$-$ What items will increase a partner$$s basis in the partnership interest?

$-$ What items will decrease a partner$$s basis in the partnership interest?