Revenue – Page 14 – itho's internet resources

Understanding Business Expenses and Which Are Tax Deductible

By Itho June 23, 2008

[ad_1] What Are Business Expenses? Business expenses are costs incurred in the ordinary course of business. They are subtracted from revenue to arrive at a company’s taxable net income. Business…

Average Cost Basis Method: Definition, Calculation, Alternatives

By Itho June 22, 2008

[ad_1] What Is the Average Cost Basis Method? The average cost basis method is a system of calculating the value of mutual fund positions held in a taxable account to determine…

Alternative Depreciation System (ADS): Definition, Uses, Vs. GDS

By Itho June 21, 2008

[ad_1] What Is an Alternative Depreciation System (ADS)? An alternative depreciation system (ADS) is one of the methods the Internal Revenue Service (IRS) requires taxpayers to use to determine the…

Bonus: Definition, Different Types, and Tax Treatment

By Itho May 22, 2008

[ad_1] By Andrew Bloomenthal Updated September 04, 2025 Reviewed by Amy Soricelli Reviewed by Amy Soricelli Full Bio Amy Soricelli has over 40 years working with job candidates and has…

What Is Depreciation Recapture?

By Itho May 19, 2008

[ad_1] What Is Depreciation Recapture? Depreciation recapture is when the Internal Revenue Service (IRS) collects taxes after you sell business assets at a value higher than the book value used…

Electronic Federal Tax Payment System (EFTPS) Overview

By Itho May 19, 2008

[ad_1] What Is the Electronic Federal Tax Payment System (EFTPS)? The Electronic Federal Tax Payment System (EFTPS) is a service provided by the U.S. Department of the Treasury. The service…