HydroSci
Returning Member

Business & farm

I have read that.  Thank you.  Note that in CA a partnership agreement can be oral.  Our purpose is to make the benefits of the business more equitable by building up more equivalent amounts in tax deferred retirement accounts.  Past deferrals contributed more to one than the other.  Now we want to fix that.  Not sure where that falls.  But we both agree that that would be a good idea.

 

And yes I am late! My accountant became ill - in good faith I waited for him to get better - but time is up and past.