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Written by Skyler W. Fairchild, CPA
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Friday, 07 July 2006 |
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When a company utilizes (i.e. outsources) to a service organization, transactions that affect the company's financial statements are subjected to policies and procedures that are, at least in part, physically and operationally separate from the company. |
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Wednesday, 05 July 2006 |
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General Rule: An individual can exclude up to $250,000, or $500,000 if married filing jointly, of realized gain on the sale of a principal residence. |
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Written by Administrator
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Monday, 26 June 2006 |
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Due to continued growth, SS&C has an opening in their Tax Department for an experienced Staff Accountant specializing in the areas of corporation, estate and trust tax preparation, research, and consulting. |
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Thursday, 22 June 2006 |
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So you’ve decided to rent property to others in hopes of generating income. Well, whether the property is residential or commercial property being rented, certain considerations for income and expenses exist. |
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Written by Kayley Nelson
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Thursday, 08 June 2006 |
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Taxpayers may be eligible to claim a federal rehabilitation tax credit equal to 20% of qualified rehabilitation expenditures related to a certified historic structure. To claim this credit, the project must first be certified by the National Park Service. Taxpayers are encouraged to apply with the NPS using the Historic Preservation Certification Application before they begin construction work. The NPS will use the “Secretary of the Interior’s Standards for Rehabilitation” to determine whether the project will be eligible for the credit. |
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