Taxation

Building on my August 2020 newsletter, I want to tackle a tax topic specific to Partners (Partnerships) and Shareholders in S-Corporations, namely, Stock and Debt Basis. This is a fairly complex [...]

August 2020 Newsletter-Summertime! An old proverb once stated, “May you live in interesting times.” But interesting is not how I would classify the current situation, and problems facing our [...]

If you’re an Accountant, you should be practical and also do not harm-a Hippocratic Oath for Accountants.  Accountants should be driven with a desire to help their Client’s understand the [...]

When it comes to EIN Numbers having more is not better, in fact, it could lead to a lot of grief and have you reaching for the Excedrin.  Let me start with a few definitions to frame this: EIN’s [...]