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IRS Approved Family Loan

March 6th, 2018|Categories: Accounting, Burns Firm, Business, Partnership, S Corporation, Services, Tax, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: Accounting, Assets, deductions, family, Family Loan, IRS, Loan, tax, tax preparation, tax return, The Burns Firm|

Today's relatively low-interest-rate environment makes it easy to loan money to family members on favorable terms with full IRS approval. Here's a rundown of what the law covers and why [...]