Discussion:Section 263a

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(I perform severa)
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{{ForumNewPost|UserID=MikeCPA|Date=28 September 2006|Text=Does anyone have a good formula that they use to calculate the [[sec. 263]]a adjustment?}} {{ForumNewPost|UserID=MikeCPA|Date=28 September 2006|Text=Does anyone have a good formula that they use to calculate the [[sec. 263]]a adjustment?}}
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 +{{ForumReplyPost|UserID=Scot1|Date=28 September 2006|Text=I perform several §263A (cap A) calculations for automobile dealership clients (large resellers) as well as for some small to mid-size manufacturers. Most any reasonable allocation of purchasing, handling and G&A costs to inventory will be accepted. Headaches are when LIFO is method of valuing inventories. Are you dealing with resellers or manufacturers? }}

Revision as of 23:35, 28 September 2006

Discussion Forum Index --> Tax Questions --> Section 263a

MikeCPA (talk|edits) said:

28 September 2006
Does anyone have a good formula that they use to calculate the sec. 263a adjustment?

Scot1 (talk|edits) said:

28 September 2006
I perform several §263A (cap A) calculations for automobile dealership clients (large resellers) as well as for some small to mid-size manufacturers. Most any reasonable allocation of purchasing, handling and G&A costs to inventory will be accepted. Headaches are when LIFO is method of valuing inventories. Are you dealing with resellers or manufacturers?