{"id":759,"date":"2020-02-18T11:38:52","date_gmt":"2020-02-18T11:38:52","guid":{"rendered":"https:\/\/sonnenburgconsulting.com\/?post_type=rara-portfolio&#038;p=759"},"modified":"2020-03-05T23:27:34","modified_gmt":"2020-03-05T23:27:34","slug":"cfo-services-case-study","status":"publish","type":"rara-portfolio","link":"https:\/\/sonnenburgconsulting.com\/blog\/portfolio\/cfo-services-case-study\/","title":{"rendered":"CFO Services Case Study"},"content":{"rendered":"\n<p><strong>CFO Services for a Small Partnership<\/strong><\/p>\n\n\n\n<p>Problems:<\/p>\n\n\n\n<p>This client shared a QBO file that was missing activity for over a year and a half, had never been reconciled, and no partnership returns had been filed for 2 years. They were subject to over $4,000 in penalties and their buyout terms for the second partner needed to be reconstructed to benefit the company.&nbsp;<\/p>\n\n\n\n<p>Outcome:<\/p>\n\n\n\n<p>We added missing activity to show a loss rather than a gain and worked with a tax preparer on solutions for abatement of penalties and worked with a business attorney to restructure the buyout to avoid further penalties and protect the remaining partner.&nbsp;<br><\/p>\n","protected":false},"featured_media":761,"template":"","rara_portfolio_categories":[],"_links":{"self":[{"href":"https:\/\/sonnenburgconsulting.com\/wp-json\/wp\/v2\/rara-portfolio\/759"}],"collection":[{"href":"https:\/\/sonnenburgconsulting.com\/wp-json\/wp\/v2\/rara-portfolio"}],"about":[{"href":"https:\/\/sonnenburgconsulting.com\/wp-json\/wp\/v2\/types\/rara-portfolio"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sonnenburgconsulting.com\/wp-json\/wp\/v2\/media\/761"}],"wp:attachment":[{"href":"https:\/\/sonnenburgconsulting.com\/wp-json\/wp\/v2\/media?parent=759"}],"wp:term":[{"taxonomy":"rara_portfolio_categories","embeddable":true,"href":"https:\/\/sonnenburgconsulting.com\/wp-json\/wp\/v2\/rara_portfolio_categories?post=759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}