Income from Partnership Is Self-Employment Income Where Taxpayer Chose Not to Be a Partner

The Eleventh Circuit held that payments a taxpayer received from a nursing home business were taxable self-employment income despite the taxpayer?s convoluted attempts to characterize them as partnership distributions.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/Gs2_sWL8J8M/20121130.aspx

cpa tax accountant accounting company accounting and tax services income tax preparation accounting firms