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A career in taxation is by no signifies limited to public accounting. for the reason that there are so many types of taxes impacting so many aspects of our lives tax specialists act as consultants in a large number of fields. For instance many companies offer deferred compensation or stock bonus plans to their executives. Almost all companies provide some sort of pension or other retirement plan for their employees and health care benefits. Major tax savings is able to be generated for both the company and their employees if these benefits are structured correctly. In reply to the amazing complexity of our tax laws many schools offer masters degrees specializing in tax. Such a degree isn't required to specialize in tax but does offer students a significant advantage if they want to pursue a career in taxation. In a recent review of 1400 chief financial officers the top two responses to the question which one of the following areas of specialization would you recommend to someone just beginning his or her career in accounting? Were tax accounting and personal financial planning. These responses reproduce the indisputable fact that as the US demographic includes more wealthy and older Americans than ever before professional tax guidance will be in ever-increasing demand.
Suppose you want to have $5,000 saved at the end of five years. The bank will pay you 2% interest on your money. How much would you have to deposit today to have the $5,000 you w
Q. Explain about Predictive value and feedback value? Several suggest using a different valuation basis such as current cost in reporting such assets. Predictive value and feed
Q. Explain about Sales account? In theory sellers could record both sales allowances and sales returns as debits to the Sales account for the reason that they cancel part of th
Q. What is transposition or slide error explain? When the trial balance doesn't balance try re-totalling the two columns. If this step doesn't locate the error divide the diffe
A store receives $400 cash after offering a chain discount of 10/10/5 on a good. What was the list price? A. $492.20 B. $519.82 C. $533.33 D. $612.00
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
On Aug 14th, One of our Partner's ( Compuville ) cash book showed a debit balance of $4,000.00. His bank statement showed a balance of $4,270.00. On comparison the following we
Q. Explain about Long-term investments? A long-term investment habitually consists of securities of another company held with the intention of (a) obtaining control of another
i want to clear concepts of journal
state why carriage inwards is stated on the trading account
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