Tax Tips and Advise
Income Documents
Hello Neighbors! Well, here we are at the start of another tax season. I just wanted to be sure you have all of the different income...
Like-Kind ExchangesÂ
Just three years after the income tax code of 1918 the first Like-Kind Exchange took place. It was the 1921 tax act which allowed investors to exchange securities and non-like-kind property. Then in 1924 Congress eliminated the provision because there was supposedly...
Depreciation
There is one thing that most businesses have no matter what they are producing or selling, and that is property or fixed assets. Fixed assets are property, which is used in the day-to-day operation of a business. (Aka PP&E)...
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