Tax Pro

03/14/2021

2020 Spending Cap on equipment purchases = $2,590,000
This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true “small business tax incentive” (because larger businesses that spend more than $3,630,000 on equipment won’t get the deduction.)

03/14/2021

2020 Spending Cap on equipment purchases = $2,590,000.
This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true “small business tax incentive” (because larger businesses that spend more than $3,630,000 on equipment won’t get the deduction.)

03/14/2021

In the early 1970's Wall Street discovered the tax deferral possibilities of feeding cattle and utilizing the cash basis method of accounting. Millions of dollars poured into syndicated cattle.

03/14/2021

A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.

03/14/2021

A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain.
Demand up supply up cost down. Demand up supply down cost up. Demand down supply up cost down. Demand down supply down cost down. From production to the point of sale.

03/14/2021

Fine art reproductions are an excellent way to own paintings created by top artists of world renown at an affordable price. Our oil on canvas reproductions is hand-painted by talented artists.

03/05/2021

A husband or wife's income can affect SSI disability benefits, but not Social Security disability benefits. Your husband or wife's income only matters for SSI (the low income, need-based disability program), since the SSDI program (for those who paid F**A taxes over many years) has no income limits. Unearned income includes all income that a person doesn't earn. In 2020, a person must have less than $803 a month in unearned income to receive SSI benefits. A couple can get SSI if they have unearned income of less than $1,195 a month in 2020. If you're working, are under your full retirement age, and are collecting Social Security based on your employment history, then Social Security will reduce your payment by $1 for every $2 you earn above $17,040 this year. While your wages can reduce your Social Security payout, your spouse's wages won't.

03/05/2021

https://www.gale.com/databases/questia
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03/05/2021

Accounting is a crucial part of any successful business as it records all profits, losses, credits, and debts and tells you the state of the business. In an economy where labor-driven jobs are disappearing faster than ever before, it is essential to know the accounting principles so you can succeed in your own business or in your career by increasing the profits in the company you work for.
This book will provide you with the most vital knowledge on accounting, business growth as well as how to protect your business against fraud. Without this knowledge of the basic principles of accounting, you may run into challenges when trying to run and grow your business, or help another business grow and profit.
Much of what we do today is automated or done by computers. However, that does not mean you should forget about the accounting principles. What do the accounting principles include? How deep do they go? These are excellent questions that Accounting Principles: The Ultimate Guide to Basic Accounting Principles, GAAP, Accrual Accounting, Financial Statements, Double Entry Bookkeeping and More will answer for you. So get the book now to learn more!
Here are some of the topics that are discussed in this book:
The Explosive Basics
Accounting Methods
Two Sides of The Accounting Coin
Merchandising and Their Inventories
Analyze Like A Pro
Payroll Accounting
Budgeting to Make It Big
Balanced Scorecard
Fraud and Internal Controls And Much, Much More.
Get the book now to learn more about the accounting principles!

03/05/2021

Outright gift is a donation of cash or other assets such as stock, real estate or personal property. Outright gifts include cash, securities (stocks and bonds), real estate, tangible personal property, matching gifts and gifts-in-kind.

03/05/2021

A no-interest loan means you are only paying back the principal — or the money you borrowed from the lender without interest. Can I get an interest free loan? You can only get an interest free loan period with a credit card, or possibly an overdraft with your bank. However, 0% interest personal loans don't really exist, as personal and secured loans always have interest included in the repayments.

03/05/2021

A family trust is a trust you create for the direct financial benefit of your family members. The beneficiaries are the individuals who receive some type of financial benefit from the trust, similar to a beneficiary for a life insurance policy. A family trust has just your family members as the beneficiaries. Family trusts are a common type of trust used to hold assets (credits and expenses) or run a family business. A family trust is established by someone during their lifetime to manage certain assets or investments and support beneficiaries, such as family members.