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Capitol Acquisition Corp. II (CLACU) had its IPO in 2013.

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11y ago

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In what year did Chart Acquisition Corp - CACGU - have its IPO?

Chart Acquisition Corp. (CACGU) had its IPO in 2012.


Does warren buffet pay taxes?

Yes, But he pays very minimall compared to his personal and Capitol gains. I made 100,000 last year and paid 5,000. 5 %. He has 48 billion in Capitol and paid quarter of A million. Not even 1%.


On what form of the 1040 do report rental income received for heavy equipment I rent to my S-Corp?

Rental income is reported on Schedule E.Since it's not an arm's length relationship (you are a related party to your S-corp), you should see a tax professional to make sure you are claiming fair rental value and not giving the S-corp a discount on rent.You also should see a tax professional because you need to properly depreciate the asset. Otherwise you'll have serious consequences in a later tax year and it'll be too late to get a refund.


If you own a ccorp that owns a llc and your personal account is linked to the llc account since you will pay taxes at year end anyway can you move funds from the llc to your personal account legally?

The c corp needs to issue a dividend or pay you a salary. It's important not to co-mingle funds. (you might want to talk to your accountant about this)


Can you claim a charitable contribution carryover the last year you dissolve a c corp?

Yes, you can claim a charitable contribution carryover in the last year you dissolve a C corporation, but the claim must adhere to IRS regulations. Generally, the corporation can carry forward unused charitable contributions for up to five years. When dissolving, it's essential to ensure that the contributions are properly documented and reported on the final tax return. Consulting with a tax professional is advisable to navigate the specifics of your situation.