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When K-1 Interest Income is NOT Pass-Thru

Nick asks:

If we have non-pass-through interest income...

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Going Concern: Collateral or not?

Jim asks:

A lender is proposing to use 'going concern' as...

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Lending to Complex Borrowers

Donald Trump Tax “Avoidance” uncovers a dangerous bias

As I write this post, Donald Trump and Hilary Clinton are in the last few weeks of the...
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Financial Statement vs Tax Return Balance Sheet

Mike asks:

Is it better to use the balance sheet from tax...

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Two reasons tax return revenue might fool you

Fred asks:

In the supporting statement for a Schedule C,...

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Where are the Missing K-1s?

Alisha asks:

I have a customer who has multiple K-1’s...

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