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Contable Sr Interview Questions

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Difference between qualifying nonrecourse debt vs recource debt over partner's basis. Examples of describing to clients why they cannot absorb suspended losses or the difference between cash distributions they receive from partnership vs. income/loss the clients pick up on their returns. Nothing spectacular (anyone with a few good years in tax should have these down).
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Senior Tax Accountant

Interviewed at Friedman LLP

3.7★
Nov 25, 2015

Difference between qualifying nonrecourse debt vs recource debt over partner's basis. Examples of describing to clients why they cannot absorb suspended losses or the difference between cash distributions they receive from partnership vs. income/loss the clients pick up on their returns. Nothing spectacular (anyone with a few good years in tax should have these down).

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