If the lender charges interest at a lower rate than the proper AFR, the IRS may reassess the lender and addimputed interestto the income to reflect the AFR rather than the actual amount paid by the borrower. Also, if the loan is more than the annual gift tax exclusion, it may trigger ...
(2020), which gives unemployment benefits based on individuals’ state of residence and pre-displacement quarterly earnings, according to UI guidance provided by the Department of Labor: it allows us to compute replacement rates without FPUC, based on jobseekers’ state, imputed prior earnings, ...