Jerry, I'm the treasurer of a new club and we are in the process of writing our partnership agreement. Specifically, as treasurer, what issues should I be most concerned with? Your partnership agreement should clearly define how your club will make decisions on investments, new ...
Jerry, I'm the treasurer of a new club and we are in the process of writing our partnership agreement. Specifically, as treasurer, what issues should I be most concerned with? Even though the IRS allows your club a great deal of latitude in creating its ...
Vincent Esselborn asks We are in a newly formed investment club (March 1999) and have questions about how to account for members who came and went. We had two original members subsequently leave the club, and we paid them out of cash that had not ...
Jesse Kuhns writes I realize we need to submit Form 1065 for our club. Do I need to file separate Schedule K-1 for each member (30) or is there a reduction of paper format which we can use? The IRS Form 1065 requires inclusion of ...
Great idea! Candis King wrote in her Ask Candis column, " Two heads are better than one and there is nothing like a friend to help speed along your learning process... If you would like to find a club near you, consider registering at http://www.bivio.com/pub/connect ...