Asset Classification

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Foreign Bank Account Reporting (FBAR) – FinCEN Form 114

07/18/2016

Foreign Bank Account Reporting (FBAR) - FinCEN Form 114 FinCEN Financial Crimes Enforcement Network (FinCEN)...

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Final Tangible Property Regulations Necessitate that Many Businesses Apply for Change Of Accounting Method: IRS Form 3115; Rev Procs 2015-13 & 2015-14

01/19/2015

Back in June 2014 I blogged about the new IRS Regulations governing tangible personal property....

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Use IRS Form 8082 to Report An Incorrectly Issued K1

07/01/2014

This post addresses how to use IRS Form 8082 to report an incorrectly issued K1....

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Tangible Assets Used In Converting Corn To Fuel Grade Ethanol Are Properly Included In Asset Class 49.5

05/29/2014

A certain important person in my reality - my wife - is becoming increasingly interested...

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Buying or Selling Business Assets – Remember to File IRS Form 8594 & Avoid Future Headaches

05/21/2014

Buying or Selling Business Assets - Remember to File IRS Form 8594 & Avoid Future...