Cash Flow – Making Projections
Cash from line items consists of depreciation schedule, working capital schedule or debt schedule. We must complete depreciation and working capital...
All businesses are required to report sales and income over a taxation year.
Profits = Sales – Expenses
Net Income = Profits – Taxes
Categories included in an income...
Code Section 7701 (a)(30)
U.S citizens are U.S Persons and Citizens of foreign countries are U.S Persons who meet either of the following two tests:
Green Card test
Substantial...