The Chips Bill is Set To Clear, Episode 23 by Ron Cohen

The Chips Bill is Set To Clear, Episode 23, by Ron Cohen
This week we discuss how Senate Democrats are pursuing a narrower “BBB” without a significant tax title, how the Senate is set to clear pared-down CHIPS bill with tax break for US semiconductor makers and the Employee Retention Credit (ERC) is a refundable tax credit for businesses that retained their employees during the COVID-19 pandemic. Additionally we look at how the IRS is finally going after the OIC mills that are dishonest and take advantage of taxpayers’ lack of knowledge to make a quick buck.
The Chips Bill Show Notes:
https://www2.deloitte.com/us/en/pages/tax/articles/tax-news-and-views-newsletter.html
Please let us know if there are specific topics you’d like to hear about in future episodes.
Ron Cohen,
CPA, Partner at Greenstein, Rogoff, Olsen & Co., LLP CPAs & Advisors
Email: rcohen@groco.com
510.797.8661
Click here to listen to more from Ron.
Click here, then scroll down, to see Ron’s bio.
To receive GROCO’s free newsletter, click here.
Click here to learn more about Greenstein, Rogoff, Olsen & Co., LLP (GROCO.com) Advisors to the ultra-affluent.
Invest Selling Gold Coins
Invest Selling Gold Coins Q: My mother-in-law wants to convert some gold coins, specifically American Gold Eagles and Canadian Gold Maple Leafs, into CDs and/or money market funds. How does one convert gold coins into cash in order to do this? What are the IRS reporting requirements? A: In an unsettled economy, investing in gold…
Tax QPRT Strategies
Tax QPRT Strategies Wealth management is an important issue for those with substantial assets to protect. Many people incorrectly assume that their estates will escape federal estate tax as a result of underestimating what their principal residence will be worth when they die. Often, our homes are our most valuable assets. The Qualified Personal Residence…
Business Venture Financing
Business Venture Financing “Financing a venture can be structured using one or more of several types of securities ranging from straight debt to common stock.” Introduction Types of Securities Disadvantages of Debt to a Company Advantages of Debt to a Venture Capitalist Percentage Ownership Needed Case Studies Conclusion Introduction A venture financing can be structured…