This article explains the importance of treating shareholder loan transactions as bona fide loans and charging an “adequate” rate of interest.
Industry: High Net Worth Individuals
Grantor Retained Annuity Trusts (GRATs)
Grantor Retained Annuity Trusts (GRATs) are a powerful estate planning… Read more »
A Beginner’s Guide to Vacation Home Rentals
A vacation home that generates income and provides a place… Read more »
Three Reasons a Daily Money Manager is Right for You
Keeping track of your money can often feel like a… Read more »
Cryptocurrency and Tax Planning
Most of us are familiar with some forms of digital… Read more »
Online Submission for Form 2848/8821 Available for Tax Professionals
Per IRS Issue IR-2021-20 dated January 25th, 2021, accounting and… Read more »
IRS Audit Notice: What do I do?
First, if you ever receive an IRS audit notice or… Read more »
How to Catch Up on Your Retirement
If you’re 40 or 50 and aren’t where you’d like… Read more »
The Tax Implications for High School and College Athletes
By now, many of you have heard the news about Name, Image, and… Read more »
Making Your Property Energy Efficient Can Make You Money
The 179D tax deduction and 45L tax credit are energy… Read more »