Today, most men wear a thin to moderately thick mustache with the beard, which is not waxed to curl upward. No hair is grown on the cheeks, so it is not a full beard. Ad. The Van Dyke is a variation of the goatee, and some also refer to the classic goatee with this name. Hair worn only on the chin may also be called a chin beard if it is very long.
A partner's basis is increased by the following items. 1  The partner's additional contributions to the partnership, including an increased share of or assumption of partnership liabilities. 2  The partner's distributive share of taxable and nontaxable partnership income.
When you form a small business by creating a partnership, you and your partners contribute assets to the new company. This is the basis for each partnerâs interest in the company. Each partner forms a capital account that represents the contribution to the partnership.owever, that partnerâs original basis in the partnership is not reduced. That is, the partner still receives income in proportion to her original basis in the company, even though the capital account is negative.