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Glossary Definition

What are Guaranteed Payments?

In a partnership, partners cannot pay themselves salaries via payroll. Still, they can provide for “guaranteed payments,” which are distributions that are not determined by the partnership’s income or their proportionate share.

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Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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