AP: 4-10 page 1 MEMO To: Tracy Subject: Total Income from Business for tax purposes. Comment: Please see your total income from business for tax purposes of $10,733.75. Calculations are provided in table below; with notes following for you own reference: Description Gross Business Income Minus: Cost of goods sold Business-use-of-home Motor Vehicle expense Capital Cost allowance Telephone and utilities Meals and entertainment Business licences,…,and subscription. Bad debts Total Income from
Words: 557 - Pages: 3
Tax Court & Board of Tax Appeals Memorandum Decisions Jose A. Alvarez, et ux. v. Commissioner, TC Memo 1995-414 , Code Sec(s) 6501. JOSE A. ALVAREZ AND WANDA ALVAREZ. Case Information: Code Sec(s): 6501 Docket: Dkt. No. 2849-91. Date Issued: 8/24/1995. Judge: Opinion by Laro, J. Tax Year(s): Years 1982, 1983, 1984, 1985, 1986, 1987, 1989. Disposition: Decision for Commissioner. Related Proceedings at Jose A. Alvarez v. Commissioner, [S| T.C. Memo. 1995-414 [1995 RIATC Memo U95,414], Tax
Words: 1344 - Pages: 6
Federal Income Taxation SPRB12 - Sec B Professor James Shimko Tax File Memorandum Nino Giorgobiani May 16, 2012 May 14th, 2011 Tax File Memorandum From Nino Giorgobiani Subject Peaceful Pastures Funeral Home, Inc. Taxpayer Engagement Today I met with Peaceful to discuss the IRS audit notice they received in regards to their reported income. They want to know whether the amounts prepaid under Peaceful’s program constitutes prepaid income that must be included in Peaceful’s income
Words: 442 - Pages: 2
| [Company Name] | Memo To: | Whom It May Concern | From: | Latanya Williams | cc: | [Name] | Date: | December 6, 2015 | Re: | Emissions Taxes to Reduce Pollution and Emissions | | | Emissions taxes are taxes that can provide benefits in reducing emission levels of companies. This tax is a type of Pigouvian tax that relies heavily on the amount of pollution a business emits. Due to this, the more pollution a company emits, the higher the tax the company has to pay. I think the emissions
Words: 359 - Pages: 2
30213 Dear Mr. and Mrs. Smith, I have reviewed your tax issues. I will address each one of your questions in this memo. I will start with John’s questions first. John you asked the following: 1 (a). How is the $300,000 that you received as fees from a settlement that your client won treated for the purpose of federal tax income? 1(b). How the $25,000 that you received for expenses of the case is be treated for the purpose of federal tax income? Both of these incomes we be treated as taxable
Words: 559 - Pages: 3
CPA Report Michelle Richardson ACC/545 Internal Control Systems September 10, 2012 Jeffrey Mitchell Memo Accounting Professionals, Inc. To: Management From: Michelle Richardson CC: Jeffrey Mitchell Date: September 10, 2012 RE: CPA Report ________________________________________________________________________ Per your request, this memo provides explanations regarding a subsidiary that has recently been set up as a corporation. This explanation includes the procedures for reporting
Words: 1249 - Pages: 5
developed and maintained by the Bureau of Internal Revenue (BIR) for electronically filing tax returns, including attachments, if any, and paying taxes due thereon, specifically through the internet. What is e-Filing? e-Filing is the process of electronically filing returns including attachments, if any, specifically through the internet. What is e-Payment? e-Payment is the process of electronically paying a tax liability through the internet banking facilities of Authorized Agent Banks (AABs).
Words: 3160 - Pages: 13
The following memo provides an evaluation of the organization’s current rewards program. Some benefits are mandated by law. Other benefits, although not mandated by law, are subject to government regulations. The evaluation addresses legal requirements and how the offered rewards affect the organization’s ability to retract and retain key employees. Social Insurance Social Security benefits, mandated by law, are financed by both the employer and employee. Employer’s payroll tax equals 6.2% and
Words: 1161 - Pages: 5
THE IMPACT OF COMPUTER-BASED ACCOUNTING SYSTEMS ON MALAYSIAN PUBLIC SECTOR AGENCIES BY WAN ZURIATI WAN ZAKARIA A thesis submitted to the School of Business and Law, Central Queensland University, Australia, for the fulfilment of the requirement of the degree of Doctor of Philosophy (PhD) MAY 2014 ABSTRACT The positive and negative impacts of information technology (IT) have been continuously discussed and debated by researchers, practitioners and scholars for several years. In
Words: 66979 - Pages: 268
Tax Research Memo #1 Martin Coldiron ACCT390-VIFF-F14 Annette Hoeltzer August 28, 2014 Tax Research Memo #1 Memo DATE: August 28, 2014 TO: Mr. Brent Ouray FROM: Martin Coldiron RE: Advising on filing status Facts: Brent and Kathy Ouray have been married since 1996. Starting in 2010 until current they both have been experiencing marital issues. They are presently not legally separated, but consider themselves to be estranged. Do you to be financial difficulties of Brent and Kathy they
Words: 936 - Pages: 4
