Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 
PDA

Paulo Oliveira
Jul 4, 2009, 07:28 AM
Hi

I am brazilian and I work in america company ... I have doubt about the Fas 109.

I would like to know how I do correct calculate the income tax on Fas 109 .. Have I calculate income tax on calendar or fiscal year ?

I asked about calendar year or fiscal year because of the company had loss in fiscal year however in the calendar year had gain... somebody help me ?

Tks


PS > I am not fluency in english so I believe that the text above it must mistake.
AtlantaTaxExpert
Jul 6, 2009, 09:31 AM
FAS 109 is an accounting standard used to account for how income taxes affects enterprise activities. You do NOT in any way, shape or form deal with FAS 109 reports unless you are an accountant yourself, which I find unlikely because such a question would not posted on this type of forum.