We accountants are always asking for more information. Did you ever wonder what we do with the information you provide?
IRS notice provides new filing deadlines for health care related information returns.
The Internal Revenue Service (IRS) recently issued a memorandum recognizing the allocation of land costs to an American Viticultural Area (AVA). If such land was acquired after August 10, 1993, the part of the cost attributable to an AVA is an intangible asset which can be amortized over fifteen years.