Choosing Entity Structure for QSBS Benefits
One of my favorite things is when a client's accountant asks me to put together a model to compare being a partnership/SCorp v C Corp to see if they should reorganize to go after QSBS. What would you say you do here exactly? https://t.co/0EIOzkjHBD
Regulation Gaps Leave Exchanges without Proper Accounting Systems
If only there were some sort of regulations that would require the exchanges to create accounting systems, but unfortunately those were rescinded and apparently the blockchain is not actually a functional ledger. #FAFO
Explaining Dual Consolidated Losses in Cross‑Border Tax
Today, I wrote an email explaining dual consolidated losses in the cross-border context. I feel like @adonnelly50 is the only person who would appreciate this tweet.
Two‑owner LLC Isn’t Automatically a Tax Partnership
Simply because you have a LLC and two owners does not mean you have a partnership for income tax purposes. This will become a podcast episode at some point.
Wealth Taxes Replace Estate Taxes—Use Proper Gift/Estate System
Wealth taxes are stupid because they're replacing estate taxes. Just have a gift/estate tax schema that works you lazy asses.
Vaccines Work, Are Safer; Learn to Read Science
Vaccines (a) work and (b) are safer than not getting the vaccines. Learn how to read scientific papers, deniers.