{"id":537,"date":"2016-04-08T06:31:20","date_gmt":"2016-04-08T11:31:20","guid":{"rendered":"http:\/\/cookco.us\/news\/?p=537"},"modified":"2016-04-05T11:42:12","modified_gmt":"2016-04-05T16:42:12","slug":"partnerships","status":"publish","type":"post","link":"https:\/\/cookco.us\/news\/partnerships\/","title":{"rendered":"Partnerships"},"content":{"rendered":"<p><a href=\"http:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015.jpg\" rel=\"attachment wp-att-538\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-538\" src=\"http:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015-350x233.jpg\" alt=\"Two attractive business woman in meeting analyzing budget.\" width=\"350\" height=\"233\" srcset=\"https:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015-350x233.jpg 350w, https:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015-680x454.jpg 680w, https:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015-300x200.jpg 300w, https:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015-940x627.jpg 940w, https:\/\/cookco.us\/news\/wp-content\/uploads\/2016\/04\/Depositphotos_46104947_m-2015.jpg 1000w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a>A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the business.<\/p>\n<p>A partnership must file an annual information return to report the income, deductions, gains, losses, etc., from its operations, but it does not pay income tax. Instead, it &#8220;passes through&#8221; any profits or losses to its partners. Each partner includes his or her share of the partnership&#8217;s income or loss on his or her tax return.<\/p>\n<p>Partners are not employees and should not be issued a Form W-2. The partnership must furnish copies of Schedule K-1 (Form 1065) to the partners by the date Form 1065 is required to be filed, including extensions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the business. A partnership must file an annual information return to report the income, deductions, gains, losses, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2016-04-08T15:37:07Z","apple_news_api_id":"4688f754-28e6-4d21-af93-f84f2de08f74","apple_news_api_modified_at":"2016-04-08T15:37:07Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/ARoj3VCjmTSGvk_hPLeCPdA","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[1],"tags":[36],"class_list":["post-537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-partnerships"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/comments?post=537"}],"version-history":[{"count":0,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media\/538"}],"wp:attachment":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media?parent=537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/categories?post=537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/tags?post=537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}