User talk:Bushmaster

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Contents

Answer to UNCP Question

Yes, I graduated from Pembroke State University in spring of 1980.

vets

Bush,

For retired military,is VA disability pay based on service-connected disabilities considered as income for taxes purposes? Veteran disability is 40%.

Joanan 00:25, 18 July 2007 (CDT)

Customer deposits

Thanks for the quick reply. Yes, I agree the answer is percentage of completion revenue recognition.

I assume my cabinet guy has a qualified accountant. The metal fabricator has a bookkeeper and quick books. We are often weary of Quickbooks until we know they are used by a qualified accountant.

So, do you think both firms would have customer deposits and work in progress? Doesn't make any difference the length of time to finish the work?

Roger

Depreciation

Yes I know that I may be wrong and do not recommend this position to my clients without tons of caveats, but I have been told that I am wrong about a lot of issues by gurus and particularly IRS folks and have gone on to prevail.

Thanks for your response

Bushmaster, thank you for your help. I agree, hard to argue not a developer and allocation of costs sounds like exactly what I've done. Thank you again. Where in NC?

Where in LA did you grow up ?

Where in LA did you grow up ? DerekCPA 14:39, 11 February 2008 (CST)

NC

Bush

Where in NC do you practice?

I am in Charlotte.

Matt

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