Tangible personal property includes a wide range of equipment, from small office equipment to light trucks and buses.
Material property also includes all the various assets that are inherently unsuitable for any other class life, such as jewelry, toys, and sports equipment.
Tangible personal property is anything that can be used, such as a desk, bed, lamps, or other furniture for a rented home or business.
Choice 83(b) is an Internal Revenue Code (IRC) provision that gives an employee or startup founder the ability to pay taxes on the total fair market value of the restricted shares at the time of grant.
The Federal Unemployment Tax Act (FUTA) is a law that imposes a payroll tax on any business with employees; the income generated is used to fund unemployment benefits.
A franchise tax is a fee paid by certain businesses that want to do business in certain states. Contrary to what the name implies, a franchise tax is not a franchise tax.
Business partners, S corporation shareholders, and investors in limited partnerships and certain ETFs use Appendix K-1 to report their income, losses, and dividends.
External economies of scale - these are factors that contribute to the development of business, which are manifested outside the company, but within the same industry.