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Troubled Debts And Tax Law – Are You Paying Too Much?
The Tax Court reviewed the confusing case law in the area of bad debts which involves the concept of “unrestricted control” over the funds borrowed. Charles Davison, a CPA and partner with the then...
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Looking Back At Surpluses – So Long Ago.
(from 1998!) There is good news and bad news on the budget front. The good news: this year will be the first time since Lyndon Johnson’s Presidency that the fiscal year has ended in the black. When the...
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