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Business, 04.12.2019 02:31 taykola

Alt partnership, a cash basis calendar year entity, began business on october 1, 2018. alt incurred and paid the following in 2018: legal fees to prepare the partnership agreement$12,000 accounting fees to prepare the representations in offering materials15,000 ignoring amortization, what was the maximum amount that alt could expense on the 2018 partnership return?

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