My company just took on a new partner. The partner is investing money into the company. I need to post a large amount that has been put into our savings account. Do I post to the capital under the new partner or is there a different procedure I should follow
We have set up a trust for a retarded child. We are not using the money out of it for her yet - it is just in the bank collecting interest. I am told that I have to fill out an income tax for for this trust each year. Can you tell me what form I need. I do have a tax number for her for this trust.