So for a single member S-Corp, is the maximum SEP contribution equivalent to 25% of Line 21 of 1120-S or Line 7 (25% of compensation to myself as an officer)? T...
Well I'm making thousands in interest each year because it is still a legitimate loan. Doesn't that make me a business if I am making money from this? Again, wh...
I'm in the same boat. I am the lender on a private mortgage to my brother. The IRS instructions do not say where to send form to them. Does anyone know where to...