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The House Ways and Means Committee this afternoon released a bill that would provide tax relief to those impacted by the recent hurricanes. It is expected the bill will receive consideration in the House ...
Brian L. Thompson, CPA, of Bailey & Thompson Tax & Accounting in Little Rock, AR was elected President of the National Society of Accountants (NSA) at its recent 72nd Annual Convention in Reno, NV. ...
The IRS today released Announcement 2017-13 which provides relief to victims of Hurricane Irma, which caused damage to Florida and several other areas. It permits easier access to victims’ funds held ...
I know and trust the principal of the Sub-S. The only communication he had from DoL was a card from a local UI officer dropped off at his home (Sub-S's address of record). I have a strange feeling that this notice came from the department of job self-justification. ...
The sale price is not gross income under Sec 61. Only the gain is. Mark S Nelson Sr, EA, ABA. On Sep 24, 2017 12:55 PM, "Al Haab via National Society of Accountants" < Mail@connectedcommunity.org > wrote: Because the sale is gross income and ...
Because the sale is gross income and will or should be reported to the IRS on a 1099-S by the person responsible for the closing, it must be reported on 1041 schedule D. If the house was sold at appraised value, expenses of maintenance (if no one lived ...
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