Partnership

Your partnership brings together the passions and strengths of all of your owner-partners.

Add our expertise to the mix to help maximize your tax deductions and give your business a boost on its way to success.

  • What is a Partnership?

Partnership taxes are a two-step process: The partnership flows through its profits/losses to each partner, and guaranteed payments made to partners for services performed (and expensed by the partnership) are subject to self-employment taxes.

How Does a Partnership Get Taxed?

A partnership is a legal form of business operation between two or more individuals who share management and profits. The two most common are general and limited partnerships.

what-is-partenship

If you’re LLC that has elected to be treated as a partnership, a religious organization exempt from income taxes, or are in your first year of an exciting new joint venture, Insogna CPA can help you with your IRS1065 partnership tax return.

No matter how simplified or complicated your partnership tax return and Schedule K-1s are, we are here to help.

What our clients say about us

Insogna CPA
4.9
Based on 47 reviews
Insogna, CPA
5.0
Based on 31 reviews
By no means am I implying that their work is bad, they will file your taxes on time and successfully. Unfortunately, they’re a little expensive for the work…
Lucas L.
Lucas L.
Ami helped me prepare my taxes for the past few years (including a real estate investment property and capital gains) and I’ve appreciated her patience…
Megan M.
Megan M.
I had the pleasure of working with Chase/Adam/Abby after being referred to them by another CPA who didn’t quite specialize in what I need (already a good…
Bill P.
Bill P.
Chase Insogna and his team of accountants and bookkeepers are on top of it. I have a software technology services as well as a product company and…
Boris P.
Boris P.
Outstanding service, knowledge and support. I would highly recommend this firm to anyone for personal or business tax or financial assistance. A big…
Jerome H.
Jerome H.
Insogna CPA made my experience of creating an LLC fast and easy. I was feeling very intimidated and unsure about the process but was pleasantly surprised at the straightforward process and reasonable price. This will be my first stop for any accounting needs!
Jennifer Brown
Jennifer Brown
We’ve used Insogna CPA for over 7 years and wouldn’t go anywhere else. They are unfailingly professional, thorough and patient. No matter how many questions…
Jodi C.
Jodi C.
I like to do as little as possible when it comes to taxes. Insogna does everything and on time. All we had to do was scan a few documents and answer a reasonable and brief questionnaire. SATISFIED.
Doug Windland
Doug Windland
I’ve been through MANY cpa’s and finally landed on Insogna. There’s never any surprise bills, all expectations and prices are clear and reasonable up…
Dustin B.
Dustin B.
As of 2019, I have used Ingsogna to file my taxes for three years. I keep coming back because it’s easy, affordable and accurate. The electronic document room is a great place to store everything. I have always worked with Ami and she’s always professional and courteous. I used TurboTax for years and that was fine, but as life changed, compensation increased and the tax laws continued to evolve, I found that Ami has saved my family money each year.
Christia Churchill
Christia Churchill
I have worked with the folks at Insogna for almost 4 years and I could not be happier with their services. Very responsive if we have a question and exceptionally friendly. They give me the flexibility to stay focused on my business knowing that are keeping our books in-line.
Kris Byrd
Kris Byrd
I’ve used Insogna CPA’s bookkeeping, tax preparation, and professional services for my business (Bravery Media) and personal finances since 2012. They have always been helpful, quick to respond, and impeccable in their work. As a small business owner, it’s nice to not have to worry about accounting while I’m trying to generate more business. I’ve recommended Chase and his staff to dozens of people since I started working with them.
Joel Goodman
Joel Goodman
I’ve used Insogna CPA’s bookkeeping, tax preparation, and professional services for my business (Bravery Media) and personal finances since 2012. They have…
Joel G.
Joel G.

Endorsements, Certifications, and Partnerships