Content Tax-Exempt Interest Explained Guide to Investment Bonds and Taxes Does the state tax interest on other states’ bonds? Support & training Imputed Interest and Original Issue Discount (OID) Tax on capital gains On your federal return, you can deduct the amount that exceeds 7.5%. Complete Virginia Schedule A to determine the amount of medical…
Content Accounting Business and Society Depreciation Method Example Accumulated Amortization/Depletion Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances Is accumulated depreciation an asset or liability? First National Realty Partners is one of the country’s leading private equity commercial real estate investment firms. Fortunately, with some simple tax planning, this…