| Tax Accounting |
| My business net income is $3K added by accountant says "accounting adjustment" what is that!? Now more TAX! |
OK, let's see here. An accountant is making an accounting adjustment and they can not or will not explain why they are. Sounds like to me your being taken advantage of. Keep in mind, your acco... |
| What is the difference between Accounting Depreciation & Tax Depreciation? |
Accounting depreciation is the method used by a company in preparing its financial statements. Tax depreciation is the method used in preparing the company's tax returns (both Federal and stat... |
| I want to become more knowledgable on tax law. Should I study law or accounting? |
Attend a school that offers a JDMBT. The masters in business taxation along with your JD will be the most comprehensive program on tax law that you can find. ... |
| Tax formula for Peachtree Accounting , the tax formula that i need is not to deduct any taxes frm employees? |
First, you don't saw which version of PAW. That makes a huge difference.
Second, PAW's later editions have locked down those tax formulas. My former employer used to make some money ... |
| Tax Account Transcript? |
The 846 is the IRS code for refunds
the processing date is the date that they processed your return
withholding credits dated 4/15/07, is the date that you Federal Tax withheld was credited for... |
| How to do the web hosting bussiness accounting in India ? which tax is applicable & what is the rate in India? |
No service tax is applicable as it is not in the list of notified taxable services.
Income tax will be applicable if after all business expenditure; you have income above and over exemption to tax... |
| Accounting: How do you calculate the tax basis of property, plant, and equipment? |
how much you originally paid for it is the tax basis. But that's not necessarily what the net basis is for the fixed asset. You need basically what is the company tax rate, and what is being u... |
| What is accounting code for service tax of Secondary Higher education cess? |
Refer to link below
... |
| What's happening 2 all our tax dollars? Lottery, Casino's, State Tax. We Need an Accounting? |
The next a politician pulls up, check out the limousine
he arrives in, or check out the mansion he lives in, or
the $4000 suit he's wearing.
The raises they vote for themselves every 4 mon... |
| Can someone please explain to me exactly what a tax team does in an accounting firm.? |
I've never heard of a "tax team" but I will explain how we do things at the 30 person CPA firm I work for as a Staff Accountant.
Generally the client (if returning) will first sen... |
| Can someone please explain to me exactly what a tax team does in an accounting firm? |
Let's say that you are referring to a tax team in a big 4 accounting firm.
The tax team will be split into a number of different divisions, possibly they will include:
- corporate tax te... |
| What is the accounting treatment for tax amnesty payments - current expense or prior period adjustment? |
It depends if you are on cash or accrual accounting. Payments under an amnesty program don't lose their character, you just get to pay less than you would otherwise owe. ... |
| Accounting Books : LIC agent : filing Income Tax Returns? |
In case your gross earnings from LIC Commission are less than Rs. 60,000/- then you can claim adhoc deduction @ 15% of renewal commission and 50% of First Year Commission
In case you are not abl... |
| Is the Defense Finance Accounting Service in violation of Federal tax law? |
What was the debt for? Education? Travel & Transportation? Was the debt waived or was remission given to you? Did you pay it all off? Uncle Sam has 10 years to collect the debt from you. ... |
| England - Tax Question and help please for therapist's self assessment/accounting? |
The cost of the couch can be deducted using 25% of the cost on a reducing balance method. Lets assume that you paid 1,600 for it. Your deduction in year 1 will be 400. The balance at the start o... |
| Accounting Question : Provision for bad debts : bad debts : income tax? |
Mere provision for bad debts is not deductable while computing the income as per the income tax Act.It has to be written off from the books of account to claim deduction. ... |
| In accounting, how do you classify penalties from late tax payments? |
Penalties are an expense.
You may have to use a liability if you haven't paid them yet but using accounts payable is fine.
$65 per hour? Count yourself as lucky. As an accountant I wo... |
| I am an accounting major but would liek to specialise in tax.? |
If you become a CPA, that automatically allows you to represent clients with the IRS. Passing the enrolled agent exam does the same. If your working on your CPA, I wouldn't bother with the E... |
| What are the pros and cons of working in tax versus audit in a big 4 accounting firm? |
If you want to become a CPA you HAVE to have the audit hours. Start in audit, get your required time in, then ask to transfer departments.
Good luck! ... |
| In accounting, how do i journalize transactions of purchases with taxes (PST and GST)? |
Debit payment method (e.g. checking account)
Credit expense account (e.g. clothing) for purchase before tax
Credit PST paid for PST
Credit GST paid for GST ... |
| What is accounting all about ? |
Accounting applies basic mathematics and employs great analysis. If you love being in accounting, everything is fun, from recording to the presentation. Deadlines depends on what kind of report you... |
| Anyone interested in an Accounting career? My firm is hiring in the tax department. CPA firm in Encino, CA.? |
Hi there, I have seen a couple of sites here where you are more likely to get a response, ... |
| Turbo Tax Question? |
It does tax returns for corporations using either the cash or accrual method. This is the business version only, for personal taxes you will have to buy different software. ... |
| How does a calendar year accounting period force S corps to pay more tax? |
Individuals report their taxable income based on the January 1 to December 31 calendar year. S corporations are required to also use the calendar fiscal year. S-Corp income flows directly into an... |
| Are COBRA premiums tax deductible? |
If your medical expenses (including COBRA premiums(are more than 7.5% of your adjusted gross income, then you would be able to deduct them if you itemize and only if you itemize.
How do you do i... |
| In accounting, what does the phrase, "net of tax" mean? |
Net of taxes mean after taxes are taken out. I will use the following equation as an example.
Sales 100,000
-Cost of goods sold ... |
| What is the accounting procedure for dealing with fringe benefit tax & Banking cash transaction tax ? |
Click on the link below for details
... |
| Does anybody know of any places that hire accounting students part-time for the tax season? |
I'm sure many do. A good potential "way in" is trying a Temporary Employment agency. Most companies, when they need someone just for 3-6 months will hire from there. ... |
| What are the major goals of a tax and/or audit team in a big 4 accounting firm? |
Sounds like a homework problem to me. Try checking your textbook. It helps to read them sometimes. ;) ... |
| How can you keep up with and study our tax laws on your own? |
If you're interested in keeping up to date, then there are plenty of good books. You might want to check out the Earnst & Young 2007 tax guide.
... |
| Page:2 Previous-1 2-3-4-5-6-7-8-9-10-11-12-13-14-15-16-17-18-19-20-21-22--Next |
