Cost Indexes and Fair Market Values On Tax Reporting
Virtually, every taxing jurisdiction relies on self-reporting of property additions and deletions. Annual reports are submitted. Municipalities then keep records by taxpayer showing on a …
Posts tagged Fair Market Value
Standards of Value Used in Business Valuation
A standard of value is a choice for the way value is sought in any transaction or the type of value used in a specific …
How To Compute and Account Insurance Reimbursement?
Insurance protection minimizes risk of loss. Casualty insurance covers such items as fire loss and water damage. The premiums are typically paid in advance and …
Property, Plant, and Equipment Valuation
Considerable confusing discussion has occurred for years on the subject of valuing property, plant, and equipment. Much of the confusion comes about as a result …
How Troubled Debt Restructuring Accounted?
In a troubled debt restructuring, the debtor has financial problems and is relieved of part or all of the obligations. The concession arises from the …