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    RE: Partnership

    Posted in: All member Forum

    Thank you, I have received a few leads and I appreciate the help! Enjoy your week! ------------------------------ Sascha Chadwick Chadwick and Company, CPAs, P. C. Crystal Lake IL (815) 455-7544 x16 ------------------------------

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    IRS Publication 17 for 2023 says: Surrender of policy for cash. If you surrender a life insurance policy for cash, you must include in income any proceeds that are more than the cost of the life insurance policy. In most cases, your cost (or investment ...

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    Posted in: All member Forum

    I am looking for a partnership guru to review a transaction involving the death of a partner and a subsequent payment for his interest to his spouse. I would like to review how the partnership handles it as well as the surviving spouse. I am willing ...


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