“Transactions between Partners and Partnerships“ Please respond to the following:
The following article discusses the risk involved in treating partners as employees. One of the primary risks involved in the article relates to employment tax issues. Review the article and â€œTransactions between Partners and Partnershipsâ€ on page 21-39 in the text. From your review discuss at least one reason you feel the IRS has repeatedly opposed the treatment of a partner as a partner and an employee. Provide at least one scenario where a partner can be treated as an employee without any consequences.
Below is the link to the article for the discussion, â€œTreating partners as employees: Risks to consider.â€