My 128th certificate from Coursera
Federal Taxation II: Property Transactions of Business Owners and Shareholders University of Illinois at Urbana-Champaign As individual or...
Character of Gains and Losses, and The Netting Process
Recall there are a few key items when evaluating a property transaction: Also recall the holding period of...
Federal Taxation: Special Gain and Loss Provisions
In the last post, we looked at two major non-taxable exchanges: like-kind exchanges and involuntary conversions. In those...
Gains, Losses, and Non-Taxable Transactions
Overview of Gains and Losses At a very high level, it’s important to be able to calculate the...
Depreciation, Amortization and Depletion
Cost Recovery What is cost recovery? For accounting purposes, businesses must capitalize the cost of assets, if the...