There are many varied approaches to structuring professional practices and these have arisen due to many influences. This presentation will consider those influences and how they should apply in current circumstances including:
- • Commissioner’s rulings and other statements - to what extent are they, or have they been, aligned with the current law?
- • Everett assignments - how useful and effective are they now?
- • Service entities - yes, no or maybe? and
- • Road testing the current environment, i.e, dealing with variable profit allocations where there are multiple professionals.