aIn the past, IRS took a narrow view of which types of gift cards qualified for deferral . For example, Legal Advice Issued by Field Attorneys 20082801F, dealt with a Corporation that formed Cardco, a separate wholly-owned subsidiary, to manage its trade name gift card sales. Cardco's ...
The caveat, however, is that despite having recognized such insurance LLCs as legitimate in the past, there's no guarantee that the IRS will continue to do so – and in the wake of theConnellyruling, they could potentially scrutinize new and existing insurance LLCs, challenging the legitimacy...
Perhaps counterintuitively, this loan effectively mirrors the structure of the IRS through the exchange between a floating and fixed-rate entity. The swap’s fixed-rate payer is comparable to the repo’s cash-rich lender (such as a money market fund or MMF), and its floating-rate payer ...
Hey Guys...quick question: I have never owned Revalver in the past and now wanting to purchase. If I look at the Producer bundle, it says that Revalver 5 is required. Does that mean that if I purchase the Producer Bundle alone, nothing will work? Or am I limited? And if so, ...
Finally,... taxable income ... can change both because people are earning less income and because they are engaging in tax strategies to reduce their taxable income. ...[R]ecent U.S. history shows that when you raise taxes on the rich, they don’t stop trying to make money: they ju...
We explore the history of December 25th as the date for celebrating Jesus’ birth and debunk myths about it being a pagan holiday. We also discuss the Santa Claus tradition and the personal choices some make regarding participation. Our attention then moves to the Elf on the Shelf phenomenon,...
The weekend 24-year-old Anne moves into her Amsterdam apartment, she unexpectedly runs into ex-girlfriend Lily. Her reappearance pushes Anne to reflect on the diverse women from her past and their influence on her life. Maud Wiemeijeris a screenwriter. She studied Theatre Studies at the Univer...