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Tax and financial planning news from around the web: June 6 – 10, 2022

Written on Jun 10, 2022

Promises of student debt forgiveness put advisers in uncharted territory 
The moving target of potential debt forgiveness, coupled with an extended payment moratorium, has advisers reading the political tea leaves for direction. 

IRS finds disguised non-deductible dividends 
In some instances, C corporations prefer to designate payments as amounts for compensation, rather than payments of dividends. The IRS sees it another way, and the Courts backed it up.