capital gains and sale proceeds. These returns often need correction, especially if they are based on information from multiple investments. "Sometimes if a company knows they are going to be correcting 1099s," notes Martin Cole, a tax educator and former accountant, "they...
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It would also be a great idea to check an accountant or your local SBA to guide you in establishing a business. And don’t be discouraged about the items that are allowed. some people get stuck on frosting. There are plenty of non TCS frosting, recipes floating around the internet. Just...
Offering winnings in return for a charitable contribution is actually illegal.The FTC has a great guide on donating to charity and avoiding charity scams.It includes lots of resources for researching charities and it gives you a charity checklist that includes the steps you should take before ...
The promoter should open a separate account in a scheduled bank for the project ( section 4(2)(I)D.) A project audit must be conducted every six months by a certified chartered accountant. The builders should deposit 70% of all the project receivables into the account, and they can withdr...
bankruptcy or death of directors or shareholders. The shareholders and directors have the protection of limited liability tied to their personal guarantees and/or the value of shares they hold in the company. It is relatively easy to expand or to scale-up by selling shares or offering a stake...