Robert C Olivieri, Jr PC- Tax & Other Tips

Credit Cards and Bad Debts

Bob — Thu, 22 May 2008 21:07:40 +0000

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.

Public Audit of Log Point Technologies, Inc.

Bob — Mon, 19 May 2008 04:37:54 +0000

SEC Info - Log Point Technologies Inc - 8-K - For 3/8/01

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

Accounting and Bookkeeping in Bucks County

Bob — Mon, 19 May 2008 04:35:28 +0000

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 -

Audit of Public Company

Bob — Mon, 19 May 2008 04:32:10 +0000

LOG POINT TECHNOLOGIES INC - LGPT Amended Annual Report (Small …

/s/ Robert C. Olivieri, Jr. CPA Robert C. Olivieri, Jr. P C CERTIFIED PUBLIC ACCOUNTANT September 26, 2000 Bensalem, Pennsylvania. LOG POINT TECHNOLOGIES, INC. …
www.sec.edgar-online.com/2001/02/16/0001015402-01-000589/Section9.asp - 88k -

Member of Board of Directors

Bob — Mon, 19 May 2008 04:29:59 +0000

Blog.com

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

CPA Licensure and Board of Director Member

Bob — Mon, 19 May 2008 04:27:53 +0000

Robert C Olivieri, Jr CPA - Tax & Other Tips 2008 May

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

Public Audited Financial Statements

Bob — Sun, 18 May 2008 18:45:55 +0000

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

Holy Family College

Bob — Sun, 18 May 2008 18:41:47 +0000

Robert C Olivieri, Jr CPA was on the board of directors of Holy

Family College during the mid 1990’s.

Certified Public Accountant

Bob — Sun, 18 May 2008 17:43:56 +0000

Robert C Olivieri, Jr became a licensed CPA in February 1984

having passed the examimation in November 1983.