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BERKSHIRE AUDITS - Special Treatment of Principals - 070119
Berkshire wants their officer exclusion endorsements shown on the assignment honored, even if the Officers of a corporation do not have 15% stock ownership or more, and even if a Member of an LLC is not a Managing Member, and even if a Partner is not a General Partner. As always, if an Officer/Member or Partner is Inactive, they qualify for exclusion.
Please keep this in mind for all Berkshire assignments. Audits will be returned for correction if not followed. Contact Doni with any questions.
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