May
22
2008
If a creditor writes off a bad debt and ceases collection and the amount of the debt is for more than $600.00, there is an IRS requirement that requires the creditor to report to the IRS the amount of the write-off on Form 1099-C which is the form that is used to report income. This means that you will have to report the debt that is written ff as income to you when you file the next year’s tax return. Thus, if you didn’t pay your credit card bill you and it is written off by the credit card company, you could find that you own income when you file your return.
There are several exceptions to this rule:
· If you discharge the debt in bankruptcy it is not considered income.
· If you are insolvent before the creditor write off the debt.
· If the debt that is written off is considered a gift.
May
19
2008
SEC Info - Log Point Technologies Inc - 8-K - For 3/8/01
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Upon the recommendation of the board of directors, on August 15, 2000, the Registrant (f/k/a Sandtech Developments, Inc.) appointed Robert C. Olivieri, Jr CPA and his firm Robert C Olivieri, Jr PC to audit their financial statements.
www.secinfo.com/duvJ5.4nb.htm - 16k - Cached - Similar pages |
May
19
2008
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Olivieri Jr, PC Robert C - Olivieri Jr Robert C (215) 946-3677 Bucks County PA Get Directions, Be the first to rate …
local.yahoo.com/PA/Bensalem/Legal+Financial+Services/Accounting+Bookkeeping - 88k - |
May
19
2008
Blog.com
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robert c olivieri, jr cpa was on the boad of directors for holy family college during the mid 1990’s giving his input as to what accounting students should be learning in their courses.
blog.com/profile/?userid=1431695 |
May
19
2008
Robert C Olivieri, Jr CPA - Tax & Other Tips 2008 May
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Robert C Olivieri, Jr CPA was on the board of directors of Holy Family College … Robert C Olivieri, Jr became a licensed CPA in February 1984 …
robertcolivierijrcpa.freeblogit.com |
May
18
2008
robert c olivieri, jr cpa and the firm of robert c olivieri, jr pc
performed their first public company audit on log point technologies
, inc. during the late 1990’s
May
18
2008
Robert C Olivieri, Jr CPA was on the board of directors of Holy
Family College during the mid 1990’s.
May
18
2008
Robert C Olivieri, Jr became a licensed CPA in February 1984
having passed the examimation in November 1983.