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Author Question: A new business is established. It is not a seasonal business. All of the following are acceptable ... (Read 79 times)

xclash

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on: Sep 13, 2020

Question 1

Which entities may elect a fiscal year? Discuss how certain tax entities may circumvent the requirement of using a calendar year.

Question 2

A new business is established.  It is not a seasonal business.  All of the following are acceptable accounting tax years with the exception of
◦ an S corporation year ending October 31.
◦ a C corporation (not a personal service corporation) tax year ending on February 15.
◦ a C corporation (not a personal service corporation) tax year ending on April 30.
◦ a partnership tax year ending on October 31 with three equal partners whose tax years end on September 30, October 31, and November 30.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by xclash on Sep 13, 2020

Ksh22

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xclash

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)

vickyvicksss

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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