Guaranteed Payments to a partner have to be spelled out in the partnership agreement. Then when you write the check for the guaranteed payment you use the guaranteed payment expense account you create in the chart of accounts. A audit, without that specification in the partnership agreement will cause that […]
Resolution for 'company taxed issue: 'Allocating Multiple Partner Salaries and Reimbursements' available: Yes.
The company taxed issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the company taxed issue yourself by looking for a resolution described in the article. If it is a complex company taxed issue or you are unable to solve the issue, you may contact us by clicking here or by using other company taxed support options.
For more information about resolving issues related to company taxed in Quickbooks/QBO or to get support for the issue 'Allocating Multiple Partner Salaries and Reimbursements', click the link below: