Accounting

If you are a serious investor or finance professional, knowing and being able to interpret the various types of SEC filings will help you in making informed investment decisions. Discounted cash flow is a valuation method used to estimate the attractiveness of an investment opportunity. Excel Shortcuts PC Mac List of Excel Shortcuts Excel shortcuts – It may seem slower at first if you’re used to the mouse, but it’s worth the investment to take the time and… A company&rsq […]

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.

Contra accounts are important because they allow a company to follow the matching principle by recording an expense initially in the contra asset account. The contra asset account is later reduced when the expense is recorded. Business owners should understand the functions of contra accounts and their impo […]

If the cost is inventoriable, it means the cost should be capitalized into the inventory balance and only expensed through cost of goods sold when the product/service is sold. Both product costs and period costs may be either fixed or variable in nature. Period costs and product costs are two categories of costs for a company that are incurred in producing and selling their product or service. Production costs are incurred by a business when it manufactures a product or provides a service. Admi […]

Dividends can be taxed either as ordinary dividends or as qualified dividends, with each of these classifications carrying significant differences in tax rates. Certain dividends known as qualified dividends are subject to the same tax rates as long-term capital gains, which are lower than rates for ordinary income. Some dividends are automatically exempt from consideration as a qualified dividend. These include dividends paid by real estate investment trusts , master limited partnerships , tho […]

In some systems the value of the property already owned by the beneficiary also enters into the calculation. The Finance Acts 1894 and 1909 effected large changes in the duties payable on death. As regards the succession duties they enacted that payment of the estate duties thereby created should include payment of the additional duties mentioned above. Estates under £1,000 (£2,000 in the case of widow or child of deceased) are exempted from payment of any succession duties. The additional succ […]

To take a simple example, imagine you reported an income of $20,000 from a W-2 Form from your employer. However, when your employer sent a W-2 to the IRS, that form said your income was actually $25,000. In this case, the IRS sends out Notice CP3219A.

If you choose to file an amended return, write “CP3219” on top of your return and attach it behind your Form 5564.
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