Internet Domain Names: Capitalization or Amortization?
In a recently issued Chief Counsel Advice Memorandum (CCA 201543014), the IRS has concluded that costs incurred by a taxpayer to acquire internet domain
With the October 15 deadline for gift tax returns behind us, clients and other tax groups at Schneider Downs may have at times felt bombarded with questions
Passive Activity Losses Related to Real Estate Activities
Generally speaking, passive activities result from a business activity in which you do not materially participate. Any losses resulting from passive activities
Residential Land Developers and the Completed Contract Method of Accounting
Under IRC Section 460(e), taxpayers that have large home construction contracts could defer taxable income until 95% of estimated costs have been incurred.
A Few Reminders from the DOL on Appropriate Plan Operations
Often, some of the most helpful tools can be hiding in plain sight! The United States Department of Labor has an informative Frequently Asked Questions
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