Sorry, this is not related to tax prep. I'm not a tax preparer. I'm a financial advisor. I have a new financial planning client who owns a business, and his CPA is telling him that the leased employees do not have to be considered for he and his partners' SEP IRAs. The language is vague in Pub 560 and other docs on SEPs, but I think the owners have to count them as employees and include them once they've worked for three years. I do not use TT to prepare their taxes...only my own. Just thought someone in this forum might know the answer.
