What Affects OIC
On February 23rd, the U.S. Tax Court filed T.C. Memo. 2022-5 deciding whether the Office of Appeals abused its discretion in rejecting an offer-in-compromise (OIC) . The United States Tax Court found no abuse of…
Category: Revenue
Revenue or Sales
Revenue or Sales When recording or showing your revenues or sales on your Income Statement, make sure that you accounted for: Occurrence Make sure there are no fictitious customers Completeness Make sure your company recorded…
Revenue or Sales
Revenue or Sales When recording or showing your revenues or sales on your Income Statement, make sure that you accounted for: Occurrence Make sure there are no fictitious customers Completeness Make sure your company recorded…
