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Type: Posts; User: yangsoo

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  1. Accounting purchase of stock of small business

    When there is buy and sell of a small corporation wholly owned by one person in form of stock sales.
    New shareholder pays certain amount to the old shareholder. The old will realize gain or loss....
  2. Answers
    4
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    1,075

    Accounting customer's return depends on...

    Accounting customer's return depends on circumstances.
    Ex 1. It was cash sales and you can reshelf the returned good.
    Debit: Inventory (Returned item) Credit: Cost of Goods Sold
    Debit: Sales...
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    1,493

    You are resident alien for tax purpose. You can...

    You are resident alien for tax purpose.
    You can claim unreimbursed job-related expense on schedule A. There is 2% AGI limit.
    Attorney fee for H-1B visa is not an easy matter to play with. You may...
  4. Question: 1031 exchange

    by yangsoo
    Answers
    2
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    1,257

    1031 exchange

    A friend of mine bouught a townhome years ago for a capital gain.
    He let his son live in there for free. He paid foe every bill himself, not his son.
    Now he is selling the townhome and buying a new...
  5. Where can I buy a good clarinet at affordable price

    Happy Holidays!

    My 5th grader daughter newly started clarinet in her school.
    As she shows great interest in it, I'm thinking of buying her one, instead of renting.
    Problem is, it's too expensive...
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    840

    First-time speed violation-frustrated

    Happy Thanksgiving!

    I'm a Virginia resident.
    Last Mon (11-20) was my court date. There at GDC, I got fined $172(Incl. court processing fee) for my first speed violation in my life. My cahrge was...
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    1
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    5,143

    Medicare Tax exemption

    Are anyone on Medicaid exempt from medicare tax?
    If a US citizen is on medicaid benefit, doesn't he or she have to pay medicare tax from his/her menial wage?
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