In the situation where a corporation is being analyzed in parts. Can there by a positive number in the 6001 category of the Labor Income Change activity? Does PI belong only to the owners of the company in question in the case that they are sole proprietors or partners? Or, does this category (PI) also apply to contract labor in the employment of that corporation, sole proprietorship, or partnership? If it only applies to the owners of the entity, where do I categorize contract labor expenditures? I would assume those do not go under 5001. Thank you, Thomas Barker
Please sign in to leave a comment.