Author Topic: any accountants out there that i can ask a question?  (Read 490463 times)

Offline yitzf

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Re: any accountants out there that i can ask a question?
« Reply #480 on: September 09, 2015, 06:57:20 PM »

 But interns get paid by the hour with overtime.

In Israel also?

Offline MarkS

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Re: any accountants out there that i can ask a question?
« Reply #481 on: September 09, 2015, 07:50:53 PM »
Really why?
 But interns get paid by the hour with overtime. I know interns make more than associates here, so may be worth it.
They're called junior accountants.  If everyone does a 2 year internship that is basically the entry level position and there is no reason for firms to pamper them like the big 4 here pamper interns.

Offline lunatic

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Re: any accountants out there that i can ask a question?
« Reply #482 on: September 09, 2015, 07:53:30 PM »
They're called junior accountants.  If everyone does a 2 year internship that is basically the entry level position and there is no reason for firms to pamper them like the big 4 here pamper interns.

I know someone who is a senior in Israel at a big 4 and is getting <120K Shekel (~30K USD).

Offline henche

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Re: any accountants out there that i can ask a question?
« Reply #483 on: September 10, 2015, 08:42:02 AM »
Is it time to file my 2014 return yet?

Offline Menachem613

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Re: any accountants out there that i can ask a question?
« Reply #484 on: September 10, 2015, 09:34:19 AM »

Is it time to file my 2014 return yet?

You pay taxes?

Offline henche

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Re: any accountants out there that i can ask a question?
« Reply #485 on: September 10, 2015, 09:42:11 AM »
You pay taxes?

Rather large amounts, I might add.   

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #486 on: September 10, 2015, 01:40:38 PM »
Is it time to file my 2014 return yet?
You have till Oct 15

Offline Yehuda25

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Re: any accountants out there that i can ask a question?
« Reply #487 on: September 20, 2015, 12:12:17 PM »
looking for a good accountant, anyone know someone?
“To avoid criticism say nothing, do nothing, be nothing.”


― Aristotle

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #488 on: September 20, 2015, 12:23:00 PM »
looking for a good accountant, anyone know someone?
What do you need to account for?

Offline Yehuda25

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Re: any accountants out there that i can ask a question?
« Reply #489 on: September 20, 2015, 12:31:23 PM »
What do you need to account for?
a small business.
“To avoid criticism say nothing, do nothing, be nothing.”


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Offline jackofall

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Re: any accountants out there that i can ask a question?
« Reply #490 on: September 20, 2015, 04:07:41 PM »
looking for a good accountant, anyone know someone?
Where?
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline lunatic

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Re: any accountants out there that i can ask a question?
« Reply #491 on: September 20, 2015, 04:26:29 PM »
Rather large amounts, I might add.
Poidnh

Offline Yehuda25

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Re: any accountants out there that i can ask a question?
« Reply #492 on: September 20, 2015, 04:54:58 PM »
Where?
I already got a name, its an accountant, who cares where? ;D ;D
“To avoid criticism say nothing, do nothing, be nothing.”


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Offline henche

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Re: any accountants out there that i can ask a question?
« Reply #493 on: September 21, 2015, 06:09:29 PM »
Lunatic, wanna do my taxes and see for yourself?

Offline yomo

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Re: any accountants out there that i can ask a question?
« Reply #494 on: October 01, 2015, 01:14:56 PM »
Is there any possibility that sending Amex a 4506T for a business will cause any trouble down the line like an audit etc..?

Offline dovy2

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Re: any accountants out there that i can ask a question?
« Reply #495 on: October 01, 2015, 02:20:10 PM »
Income from selling miles taxable? As what?

Online A3

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Re: any accountants out there that i can ask a question?
« Reply #496 on: October 01, 2015, 03:10:16 PM »
Income from selling miles taxable? As what?

At whatever the cash or cash equivalent is, less your cost (gift card fees etc.)

Offline henche

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Re: any accountants out there that i can ask a question?
« Reply #497 on: October 01, 2015, 03:11:24 PM »
At whatever the cash or cash equivalent is, less your cost (gift card fees etc.)

Ordinary business income? Short term cap gains? Nafka mina self emloyment taxes

Online A3

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Re: any accountants out there that i can ask a question?
« Reply #498 on: October 01, 2015, 03:26:34 PM »
Ordinary business income? Short term cap gains? Nafka mina self emloyment taxes

What was the purpose of accruing the miles?

I doubt the purpose was for an investment, as the FMV is steadily declining.

If to sell: Ordinary.
If for personal use, but now you wanna sell: Ordinary.

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #499 on: October 01, 2015, 03:33:08 PM »
The IRS doesn't deal with tax in miles and points (per some announcement they made, there is a thread on it somewhere).

I'm not sure how liquidating them becomes a taxable transaction. Especially because the IRS can't know figur the basis.