I like the new Form 7203.  It will force taxpayers to pay more attention to the quality of their corporate books.  

The IRS instructions w/r//t Debt Basis say to include only loans made personally. I don't deal a lot with this issue but this instruction seems incomplete as there could be debts that have basis such as recourse or with (some) loans with personal guarantees.

Is anyone here billing more for your time spent on this form?

I do Value billing and I'm going to bill more, roughly 25% of last year's bill. I can justify this by educating my client about basis and its importance.

I'm happy with it thus far.😍