In some circles, the return balance due is viewed as the sticker price on cars used to be—open to negotiation.
Author Archive: Peter J Reilly, Contributor
Settlement In A Low Income Housing Tax Credit Year 15 Appeal
Section 42 gives a little nudge in that direction allowing a NFP sponsor to have a “right of first refusal” (ROFR) to acquire the project for outstanding debt plus any exit taxes of the investor.
Inflation Reduction Act Will Restore IRS Staffing To 1995 Level By 2026
Nobody seems to question that the “service” piece of IRS has plummeted. And most people would like to see that fixed. It does not bother many people that audit coverage is way down, but in the long run, which we may already be at, it has a demoralizing effect on compliance.