George4Tacks
Level 15
04-07-2025
07:56 AM
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From our fearless leader Turbo Tax https://turbotax.intuit.com/tax-tips/tax-payments/irs-tax-rules-for-imputed-interest/L7UbulHpC
From the Powers that be https://www.irs.gov/businesses/small-businesses-self-employed/section-7520-nterest-rates
Be sure to review your billing rate for new clients that come in with an unorganized grocery bag, or similarly things done without advance tax advise.
Answers are easy. Questions are hard!
