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" ... 3. Determine your reasonable compensation. There are multiple ways to do this, and a good starting point is 40% of your profits. ... "
" ... As major organizations, including PayPal, continue to invest significantly into the blockchain and crypto sector, it would be reasonable to conclude that regulatory clarity will continue to improve. ... "
" ... For example, its reasonable to think that the Great Wall Of China at over two thousand years old, will continue to be around for many centuries. However, we can’t say the same for the iPhone 12 launched last October, which has just been around for months, and it’s a fair bet will be obsolete in just a few years as technology moves on. As things exist for longer, so their life expectancy increases according to this theory. ... "
" ... However, the Rev. Rul. states that even if a borrower has “a reasonable expectation of reimbursement” the deduction is inappropriate. In short, even if forgiveness hasn’t happened, borrowers can’t deduct expenses paid for with PPP funds if they reasonably believe the loan will be forgiven. ... "
" ... ● Determine that the shareholder-employee is paid reasonable compensation. ... "