tag:blogger.com,1999:blog-2472366353445139162.post7989047078625354477..comments2023-09-29T03:10:20.846-06:00Comments on June Walker: Tax & Financial Advisor to the Self-employed: Lorenzo Landscaper's BusinessJune Walkerhttp://www.blogger.com/profile/06012914777750500466noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2472366353445139162.post-25173469475443820912010-10-05T12:09:55.203-06:002010-10-05T12:09:55.203-06:00Thanks, Riles.
Yes, you are correct. If the two b...Thanks, Riles.<br /><br />Yes, you are correct. If the two brothers were going to continue the business as a 50/50 split then a partnership would work well.<br /><br />If Herb were the "boss" he might, instead, hire his brother as an employee. That means payroll forms to file but no partnership returns to do.<br /><br />Thanks for you input.<br />JuneJune Walkerhttps://www.blogger.com/profile/06012914777750500466noreply@blogger.comtag:blogger.com,1999:blog-2472366353445139162.post-55385306795658792772010-09-28T07:51:50.015-06:002010-09-28T07:51:50.015-06:00If the business is going to continue to grow, it m...If the business is going to continue to grow, it might be a better answer to treat it as a partnership and file Form 1065.Peter Reillyhttps://www.blogger.com/profile/01473701483727808782noreply@blogger.com