Episode 97: Understanding a Profit Loss Statement

In this episode: 

• Republican lawmakers propose a $2B cut to IRS funds.
• Be aware that there is a fake "Self Employment Tax Credit" that is being pushed by scammers. 
• The IRS compliance program faces potential cuts.
• An  IRA inherited by a non-spouse may need to be withdrawn before 10 years. 
• A deep-dive into understanding business financials.