Solved by verified expert:Option #2: Partnership Income AllocationWhich of the following expenses qualify as organizational expenses under IRC Sec 709 and may be deductible?Legal fees for negotiation of partnership agreement?Accounting fees for representations in offering materials?Filing fees?Accounting fees for services incident to organizing the partnership?Fees for tax opinions in the partnership prospectus?Assignment should follow APA guidelines with respect to use of subheadings, 1” margins and double spaced.Minimally 2-3 pages in length.References need to include your textbook plus 2 additional credible academic references. All sources used, including your textbook, must be referenced. Paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Use of the CSU-Global Campus Library (Links to an external site.)Links to an external site. is necessary.
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