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  • Posted in: Tax Talk

    Hi Michael.  It sounds like you are assuming that he will get 10,000 from the EIDL which would essentially wipe out the 8,750.  I think everyone on the planet thought that at first.  But now it sounds ...

  • Posted in: Tax Talk

    I posted in another discussion that guidance for PPP for self-employed is supposed to be released tomorrow. EIDL loan is another story.  There are different levels of complexity and liability.  From memory, ...

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    RE: Accrued profit sharing

    Posted in: Tax Talk

    Thanks Bill... you set me in the right direction and now have confirmed my view. The client was supposed to have his profit sharing guru call me, but he hasn't yet.... perhaps he won't.... i did send the ...

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