If the claim was filed by the taxpayer during the 3-year period prescribed in subsection (a), the amount of the credit or refund shall not exceed the portion of the tax paid within the period, immediately preceding the filing of the claim, equal to 3 years plus the period of any ...
. It doesn’t generally cover real estate. While some vehicles, such as cargo vans, are eligible Section 179 expenses, the federal government has narrowed businesses’ ability to write off vehicles traditionally used for personal transportation. Another thing to remember when considering business costs...
Trust and investment management fee income is largely from client assets under management (AUM) for which fees are based on a tiered scale relative to market value of the assets, and client assets under administration (AUA), for which fees are generally based on the extent of services to ...