For a corporation to deduct a payment made to a shareholder/employee as compensation, compensatory intent must exist. By Stephen D....

By Stephen D. Kirkland, CPA, CMC, CFF Originally published in The Tax Adviser, September 2022. Copyright: AICPA. It is common for...

Stephen Kirkland, CPA, CMC, CFF has experience in determining reasonable guarantee fees and has testified in courts as an expert witness...

Even though a guarantor may never have to make a personal payment toward the company’s debt, the guarantee may cause issues for the...

When someone else has surgery, it may seem minor. But when you are the patient, any procedure seems like major surgery. Signing a...