Bogie Boric's Questions

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Bogie Boric
0 Votes
2 Answers
2988 Views

Is the recent Gold Rush over?

Feb 17, 2011 by Bogie Boric Follow Answer
Category: Financial Planning
Bogie Boric
0 Votes
1 Answer
2463 Views

How would you close this Balance Sheet (B/S) asset on the Final Return for S-Corp?
Cost: 60K – Depreciation 32K = Book Value 28K

Auto Loan (Liability) – 22K

Auto was sold to the shareholder (S/H) for 45K (FMV).

How would you 1) zero-out this B/S item on S-Corp return, 2) where are proceeds flowing and 3) how would you show that S/H had assumed this liability (if needed)?

Feb 1, 2011 by Bogie Boric Follow Answer
Category: Tax Planning
Bogie Boric
0 Votes
3 Answers
1943 Views

Is “Cash for Clunkers” program still available?

Aug 6, 2009 by Bogie Boric Follow Answer
Category: Personal Finance
Bogie Boric
0 Votes
1 Answer
5351 Views

Do we have a National Savings Day in U.S.?

Jan 5, 2009 by Bogie Boric Follow Answer
Category: Personal Finance

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