Internet Domain Names: Capitalization or Amortization?
In a recently issued Chief Counsel Advice Memorandum (CCA 201543014), the IRS has concluded that costs incurred by a taxpayer to acquire internet domain
With the October 15 deadline for gift tax returns behind us, clients and other tax groups at Schneider Downs may have at times felt bombarded with questions
Passive Activity Losses Related to Real Estate Activities
Generally speaking, passive activities result from a business activity in which you do not materially participate. Any losses resulting from passive activities
Residential Land Developers and the Completed Contract Method of Accounting
Under IRC Section 460(e), taxpayers that have large home construction contracts could defer taxable income until 95% of estimated costs have been incurred.
The IRS issued Notice 2015-82 on November 24, 2015, stating that taxpayers without an applicable financial statement can elect to deduct purchases of tangible
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Tuesday, December 5, 2023 | 9:00 AM | Tax Update (3 CPE Hours)
Thursday, December 7, 2023 | 1:00 PM | Consulting, Technology and Advisory
(3 CPE Hours)
Tuesday, December 12, 2023 | 9:00 AM | Audit Update (2.5 CPE Hours)
Thursday, December 14, 2023 | 1:00 PM | Wealth Management and Retirement Planning Matters (3 CPE Hours)