Accounting

According to the IRS, for most taxpayers, modified adjusted gross income, or MAGI, is simply adjusted gross income before subtracting deductible student loan interest. There are a wide variety of adjustments that might be made when calculating AGI, depending on the financial and life circumstances of the filer. Moreover, since the tax laws can be changed by lawmakers, the list of available adjustments can change over time.

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MACRS provides three depreciation methods under GDS and one depreciation method under ADS. The ADS recovery period for any property leased under a lease agreement to a tax-exempt organization, governmental unit, or foreign person or entity cannot be less than 125% of the lease term. If you make this election, the property placed in service in a tax year beginning after December 31, 2015, will be subject to an alternative minimum tax adjustment for depreciation.. Reduce that amount by any credit […]

Confirmation bias may also cause doctors to perform unnecessary medical procedures due to pressure from adamant patients. Scientific innovators often meet with resistance from the scientific community, and research presenting controversial results frequently receives harsh peer review.
Individuals with low confidence levels do not seek out contradictory information and prefer information that supports their personal position. People generate and evaluate evidence in arguments that are biased to […]

EBITDA is also used by business owners for the purpose of comparing their financial performance with their competitors that are operating in the same industry. On the other hand, OI, or operating income is used for the purpose of calculating the total amount of profits that are earned by an organization by performing its business functions. EBITDA is a measure that reflects profits before the adjustments pertaining to interest, taxes, depreciation, and amortization are taken into consideration. […]

She is an expert in personal finance and taxes, and earned her Master of Science in Accounting at University of Central Florida. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.

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The excess that is paid to the company by the investor — that is, the amount over par — is referred to as “additional paid-in capital” and can be found on the balance sheet. Once you have all your information in place, it’s time to start calculating. You’ll start by subtracting the stated par value from the issue price of each stock. For instance, subtract $0.20 from $45 for one share of stock to arrive at $44.80.
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