Top 10 Tips for Deducting Disaster Losses
As the hurricane season begins, we would like to remind our clients and friends that, depending on the circumstances, the IRS is ready to grant additional time to file returns…
As the hurricane season begins, we would like to remind our clients and friends that, depending on the circumstances, the IRS is ready to grant additional time to file returns…
Construction contractors are required to use a percentage-of-completion method in determining taxable income from any long-term contracts (Sec.460 (a)). However, in the case of home construction contracts, or any other…