2021-11-22 Self-Directed IRA Problems

This week we look at:

  • House passes BBBA, but not clear what the Senate will do
  • IRS clarifies 2021-2022 treatment of meals and incidentals per diem
  • Self-directed IRA implodes on taxpayer due to find that assets were held personally and commingled with other assets
  • IRS gives guidance on timing of PPP forgiveness income, as well as very short term BBA partnership amended return relief

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