|
- California CPA Ethics - caltax. com
The Augusta Rule is another name for an exclusion found in IRC §280A of the tax code The rule makes clear that if you rent your personal residence for fewer than 15 days, you do not report any of the rental income and do not deduct any expenses as rental expenses
- 1099-K What to Do When Your Outline Client Receives One
Personal Use Personal use needs to be taken into consideration Remember the vacation rental rules May be nontaxable “Augusta Rule” See examples page 17 Rental Activities Airbnb, VRBO, HomeToGo, RVshare
- Spidell 2025 ethics 01-30-25FINAL3 - caltax. com
The Augusta Rule is another name for an exclusion found in IRC 280A of the tax code The rule makes clear that if you rent your personal residence for fewer than 15 days, you do not report any of the rental income and do not deduct any expenses as rental expenses However, if you rent your home for 15 days or more during the year, you would include all your rental income in your income
- 301 Moved Permanently
301 Moved Permanently nginx 1 24 0 (Ubuntu)
- FinCEN to issue new BOI guidance; filing on hold for now
On February 27, 2025, FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports until a new interim BOI reporting final rule becomes effective, and the new relevant due dates in the Read More »
- CPPM Chapter 5 - Spidell
As a general rule, a Board employee should not prepare the return for the taxpayer In exceptional cases where the taxpayer has dificulty in writing English or is physically incapacitated and unable to write, and produces his her records with the request that the return be prepared, an employee of the Board may do so
- 2023 Summer Tax - Spidell
This rule prevents C corporations from avoiding corporate-level tax on the disposition of assets by first converting to S status, then disposing of the assets and passing the gains through to the shareholders Generally, the tax on built-in gains does not apply if the corporation has been an S corporation throughout its existence
- Beneficial ownership information reporting mandate back on
FinCEN announced that the beneficial ownership information (BOI) filing mandate is now back on, with a new filing due date of March 21, 2025 (FinCEN Notice FIN-2025-CTA1 (February 18, 2025)) The reinstatement was triggered by the U S District Court for the Eastern District of Texas’s February 18, 2025, decision to lift the preliminary injunction that Read More »
|
|
|