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What else can I help you with?
How do I respond to IRS CP11 notices?
To respond to IRS CP11 notices, carefully review the information provided in the notice, gather any necessary documents or evidence to support your case, and follow the instructions on the notice to either agree with the proposed changes or provide a written explanation of why you disagree. It is important to respond promptly and accurately to avoid any potential penalties or further actions by the IRS.
Is depreciation a source of fund?
Some people state that depreciation is a source of funds or a source of cash. I disagree. Depreciation expense is reported as a positive amount on the statement of cash flows prepared under the popular indirect method. However, the reason it is listed is to adjust the net income amount that had been reduced by depreciation expense on the income statement. (Recall that the depreciation entry debits Depreciation Expense and credits Accumulated Depreciation-the cash account is not involved.) In other words, the positive depreciation amount reported on the statement of cash flows is merely one of the adjustments needed to convert the accrual net income to the cash provided from operating activities. Depreciation is not a source of cash. Let's illustrate this with some amounts. A sidewalk florist operates a cash only business. During the most recent year, this florist had cash revenues of $100,000. Its expenses included $70,000 of cash expenses and $8,000 of depreciation expense on its truck that was purchased in an earlier year. During the year there were no other revenues or expenses, and the florist's cash balance increased by $30,000. The florist's income statement will report net income of $22,000 (revenues of $100,000 minus expenses of $78,000). The florist's statement of cash flows prepared under the indirect method will begin with net income of $22,000. It will then add the $8,000 of depreciation expense. The result is cash provided by operating activities of $30,000-which agrees to the business's change in its cash balance. The $8,000 of depreciation expense was not a source of cash, even though it appears as a positive amount on the statement of cash flows.
Is a short sale better than foreclosure?
In most cases it is preferable to foreclosure. I disagree. A short Sale has less impact on your credit score than a foreclosure.
What if you disagree with the findings of the financial services ombudsman?
If you disagree with the findings of the financial services ombudsman, you have the option to request a review of the decision or appeal it, depending on the specific procedures outlined by the ombudsman’s office. You may also consider seeking legal advice to explore further options, such as pursuing the matter in court, if applicable. It's important to carefully review the grounds for your disagreement and gather any additional evidence or information that may support your case.
What is the process for filing an IRS substitute return?
To file an IRS substitute return, the IRS will assess your tax liability based on information they have, such as W-2s or 1099s. If you disagree with the assessment, you can file your own return to correct any errors.
Can you use disagree a sentence?
I would disagree with that last statement.
Do you agree or disagree with the statement anyone can cook?
I do agree with the statement that anyone can cook.
How can you disagree with my statement of wether girls shouldn't ask guys out?
why do you disagree with girls should'nt ask guys out?
What group of Americans at the time would disagree with his statement?
We don't know whose statement you ask about.
Do you agree or disagree with the statement which you state your position it with convincing reason?
I think I'd have to say that I disagree with any statement as vague and ungrammatical as that. I can't even tell what it's supposed to mean.
What group of Americans at that time would disagree with his statement?
farmers- novanet
How would you use disagree in a sentence?
~I disagree with your comment.~Why do you always disagree with my non-bias remarks?~Who would disagree with this statement?: PERCY JACKSON IS AWESOME!!!~No one disagrees with that statement.~A lot of people disagree with the fact that the Hunger Games is the best book.~Actually, I stand corrected because EVERYBODYdisagrees with the fact that The Hunger Games is the best book!
What is the difference between agreestrongly agree disagree and strongly disagree?
The terms "agree" and "strongly agree" indicate levels of agreement with a statement, with "strongly agree" reflecting a more intense or confident endorsement. Conversely, "disagree" and "strongly disagree" represent levels of disagreement, with "strongly disagree" indicating a more definitive rejection of the statement. Essentially, the prefixes "strongly" intensify the sentiment conveyed in both agreement and disagreement.
What do you do when you receive a bank statement or credit statement?
Call your bank if you disagree with the information on the statement. Otherwise shred it up in a paper shredder (or do what I do and give it to your dog to shred!)
when should a writer establish common ground before the bottom-line statement?
when the reader may disagree with the bottom-line statement.
Do you agree of disagree with this statement''the history of judaism is also the history of the Hebrew people?
I agree with it.
Interview is an intrigue part of the selection process rather than a deciding factor.to what extent do you agree or disagree with this statement?
Answering "Interview is an intrigue part of the selection process rather than a deciding factor.to what extent do you agree or disagree with this statement?"
