LENDING TO A BUSINESS, RELATIVES AND FRIENDS – Furniture Today

When lending money, the IRS (and common sense) requires that you follow a few rules. One such rule demands that you charge what the IRS deems to be an adequate interest rate on loans totaling at least $10,000. Failing to charge such an interest rate can ...
Subscribe to LegalLaw247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>