BIG E's latest activity

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    You need to consult with an estate attorney Blind advice over the internet is no protection to your family over these types of issues
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    BIG E replied to the thread Rented building improvement.
    The overlooked issue here is whether or not the tenant is permitted to make the improvements? Is there a provision in the lease that...
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    BIG E replied to the thread Australia Prepayment.
    What is stated on the bill for the billing period?
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    BIG E replied to the thread USA Not-for-profit?.
    You need to form a tax exempt entity for this activity. It should be done through an attorney to set up the entity with the state's...
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    BIG E replied to the thread USA 706-NA help.
    You need to seek an estate attorney familiar with these issues. Certain things you've stated don't make sense. How can a brokerage...
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    BIG E replied to the thread USA Schedule C Loss.
    Can't you get the supplier to provide you with duplicate copies?
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    It doesn't matter what price your relative bought it for. What is important is that the car is valued at the lower of cost or FMV on...
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    BIG E replied to the thread USA Prepaid inventory?.
    You don't record anything. You're attempting to learn just the bookkeeping without understanding the accounting function. When a...
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    BIG E replied to the thread USA Will this be taxed?.
    Yes - the earnings from the investments will still be taxable, unless it's from municipal bond interest.
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    BIG E replied to the thread USA Will this be taxed?.
    The way you posted the facts, it appears that they are no longer married. The money he gifts to her is not taxable income. However, if...
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    BIG E replied to the thread USA S Corp State Income Tax.
    Because a distribution effects the shareholder's basis, whereas nondeductible expenses charged to AAA don't.
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    BIG E replied to the thread USA S Corp State Income Tax.
    Neither. It's a nondeductible expense that is a reduction of the AAA.
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    While this does not directly answer your question, here's a link to a tool IRS instituted in 2017 to look up refund status of most...
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    BIG E replied to the thread USA Ebay business.
    1) Search around for FMV of such items at the time you remember it being in your house. 2) Amend your prior year tax return where you...
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    BIG E replied to the thread USA Budgeting Question.
    Is this a homework assignment question or a test question?
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