by admin | Jul 19, 2020 | Tax
Originally published on Forbes.com. The SBA has released data on the Paycheck Protection Program. 5,461 lenders made 4,885,388 loans totaling $521,483,817,756. Tax Pro Mobilization I once did a back of the envelope computation that estimates that roughly a million...
by admin | Jul 16, 2020 | Tax
Originally published on Forbes.com. One of the most exciting features of the Paycheck Protection Program was that it appeared that borrowers were going to be getting deductions funded with loans that did not have to be paid back. And there was an explicit statement...
by admin | Jul 14, 2020 | Tax
by Joshua Ashman CPA The IRS recently published its annual Data Book, a statistical report providing insights into the workings of the IRS courtesy of a macro-level snapshot of the agency. This year’s 2019 Data Book numbers aren’t alarmingly different than last year’s...
by admin | Jul 11, 2020 | Uncategorized
Originally published on Forbes.com. Offer For Cases Being Litigated The IRS is following up a major Tax Court win against sketchy conservation shelters with a purportedly take it or leave it offer. For background you might want to check out my piece last month...
by admin | Jul 10, 2020 | Tax
Originally published on Forbes.com. The way my mind works stimulus checks going to dead people had me first thinking about zombie movies. My second thought was about a fellow I knew who said his estate plan would be to bounce his last check. He would have had to come...