environment
Does CVS own or lease their buildings?
CVS continues to deliver new net lease properties to the market. Originally, CVS stores operated under NN leases, holding the landlord responsible for the...
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arts
Who files a form 5472?
A U.S. corporation with 25% or more foreign ownership, or foreign corporations that do business or trade in the U.S. are required to file IRS Form 5472. Y...
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environment
Where does the sale of a second home go on a 1099?
The sale of a second home is entered just like stock sales on the same screen and will be reported on the Sch D & 8949 there is no direct 1099-S entry...
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local updates
What is included in annual accounts?
What is included in the Annual Accounts? For larger companies, annual accounts must include a balance sheet, a profit and loss account, any notes about th...
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business
Are there any recent examples of tax fraud?
Some recent high-profile examples of securities fraud include the Enron scandal in 2001 and Bernie Madoff’s long-running Ponzi scheme that was thwarted in...
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environment
What is 1099-R code t?
A code T in box 7 of 1099-R is for a Roth IRA distribution, when an exception applies. It is used for a distribution from a Roth IRA if the IRA custodian ...
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health
How often does Social Security come?
05-11011). We pay Social Security benefits monthly. The benefits are paid in the month following the month for which they are due. For example, you would ...
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science
What is a deferred consideration payment?
Deferred consideration is a portion of the purchase price that is payable by the buyer in the future, after closing. Purchase price is negotiated on the b...
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global news
When do I get my tax return for 2017?
The mailing address is listed on the 1040 Form for any given tax year. Select your state (s) and click on any of the state form links and complete, sign t...
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education
Do you have to report inheritance in Texas?
What Taxes Need to Be Filed After Someone Dies? Texas residents do not need to worry about a Texas estate or inheritance tax. These taxes are levied on pe...
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