No two persons agree on all things. When people come together to work out a deal, they try to maximize their benefits and minimize their costs. The value that each person places on individual elements of the deal is different. An effective negotiation is not just about making people see...
Sometimes real estate investors get nasty little surprises at tax time. It happens when they discover they really weren't investors after all - at least not in the eyes of the IRS. There are three different definitions the IRS uses to define taxpayers who buy, sell or hold real estate....
A "Point" is one percent of the loan amount, and a "Discount point" is tax deductible because it's a form of prepaid interest. A person pays a point or two upfront and get a lower interest rate in exchange. Instead of paying the interest over a longer period, the person...
The truth is everyone needs to negotiate. Surprisingly, almost everything a person does the moment the person gets up in the morning until the person goes to bed involves some type of "Negotiating". To help a person succeed in the negotiations, the author has prepared this paper which outlines the...
IRC section 6672 imposes a penalty equal to the total amount of any federal payroll trust fund tax any person willfully evades, fails to collect or does not account for and pays over. In view of the section's scope, the courts broadly interpret "Any person" to include officers, employees, partners...