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Related Questions

Can I deduct legal fees on my taxes?

Yes, you can deduct legal fees on your taxes if they are related to producing or collecting taxable income, managing, conserving, or maintaining property held for producing income, or determining, collecting, or refunding any tax.


Who is responsible for collecting income tax?

The Income Tax Board is responsible for collecting our income tax… it says in the name people!


Is audit prepaid expenses entry come in income statement?

Prepaid expenses are not part of income statements, in accrual accounting income and expenses are only shown in income statements when they are actually incurred.


What is the duration of Income Property?

The duration of Income Property is 1800.0 seconds.


Net income appears on what statements?

It appears at: Income statement Balance sheet


What is income statements?

Back to back letter


Is there a statute of limitations on California collecting income taxes that are owed?

There is a statute of limitations on assessing income taxes, but once the taxes have been assessed there is no statute of limitations on collecting them.


When was Income Property created?

Income Property was created on 2009-01-01.


How would you describe an income statement?

Income statements show net income for a period of time (income minus expenses).


Does the staging stay with the income property on the tv show income property?

No it does not. It is removed after filming.


What is net recurring in income statements?

Law of effect


Can a person get a loan using bank statements as proof of income?

I have received mortgage loans based on my bank statements as proof of income since my sole source of income is Federal benefits for which no weekly statement is issued.