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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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Corvee Blog

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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.

Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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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