The taxpayer who elects to include market discount as it
accrues increases his basis by the amounts included in gross income each year.
Market discount
Whether Interest Is Deductible to the Borrower as It
AccruesCasting doubt on the accrual of interest
-- Education and training for
Accrue services and support personnel, as well as for sales representatives on IBM DB2
ACCRUE CUSTOMERS ACCESS SOLUTIONS TO REPORT AND ANALYZE DATA
To become a member of the Cisco iQ Ecosystem Program,
Accrue underwent a rigorous evaluation process to prove that its solution met the high quality standards that Cisco is known for.
ACCRUE SOFTWARE JOINS THE CISCO IQ ECOSYSTEM PROGRAM
An accrual-basis taxpayer normally takes deductions for expenses in the year the item
accrues. But when the expense accrued by the taxpayer is owed to a related party who uses the cash basis of accounting, IRC section 267(a)(2) delays the deduction for the accrual-basis taxpayer to the year in which the related party includes the amount in gross income, the year of payment.
Note sale: does it accelerate related-party interest deductions?
Twenty-nine of the companies studied disclosed that they already
accrue or fund retiree medical and life insurance liabilities.
How the Fortune 500 are dealing with FAS 106
California-based
Accrue Software Inc has launched an e-business analysis platform called
Accrue G2.
New e-business analysis system released by Accrue Software
If the taxpayer's year 1 return results in an IRS audit deficiency (when the taxpayer elected to apply an overpayment to the subsequent year's estimated tax liability), underpayment interest would not begin to
accrue until the amount of the overpayment credited was used to cover the deficiency.
Corporate estimated tax requirements
Earnings
accrue tax-free under section 529(c)(1) and distributions are tax-free under section 529(c)(3)(B)(i) when used to pay for a designated beneficiary's QHEEs.
Nonindividual QTP contributions: how employers can help workers save for college
Generally, interest and penalties
accrue during periods for which taxes are unpaid, regardless of whether a taxpayer knows taxes are due.
Changes to the interest suspension rules contained in the GO Zone Act
5, an entity should
accrue a loss contingency by a charge to income if it satisfies both of these criteria:
Unclaimed property: how to comply with the undisclosed liability and reporting requirements
Experience among users indicates that the ability of a company to properly account for and
accrue tax is heavily dependent on the involvement of the tax department in setting up the program, defining the type of information to be received from the card issuer, and encouraging company management to devote necessary resources to address the sales and use tax issues.
Procurement cards and tax compliance: bridging the gap: a report of the Steering Committee Task Force on EDI Audit and Legal Issues for Tax Administration
Any goodwill that
accrues from the contribution will
accrue in the United States.
Allocation and apportionment of charitable contributions under section 861
The Financial Accounting Standards Board (FASB) recently published a summary of its proposed Statement of Financial Accounting Standards calling for companies to begin to
accrue the costs of these benefits in 1992.
Financial statements and the FASB retiree health proposal