Bill Kimball

Bill Kimball
Bill Kimball has over thirteen years of experience in public accounting and provides audit and assurance services to both public and private businesses in a variety of industries including petrochemical, healthcare, hospitality, restaurants, not-for-profit, settlement trusts and employee benefit plans.
Tax Evasion, Tax Fraud & Deed Fraud

Tax Evasion, Tax Fraud & Deed Fraud

October 11, 2023

Due to tax secrecy laws, we cannot provide updates on the status of our investigations. Timing is based on an e-filed return with direct deposit to your Card Account. Minimum monthly payments apply. Line balance must be paid down to zero by February 15 each year. Year-round access may require an Emerald Savings®account. Fees apply to Emerald …

Issue Definition

Issue Definition

October 11, 2023

The reality is that in many cases, companies proceed with alternative 3 without realizing it, which can potentially put the company in a tough spot later on. An “offering”), the United States Securities Act requires either registration or an exemption from registration requirements. When a company sells preferred stock to an …

The Person Who Introduced​ Standardized

The Person Who Introduced​ Standardized

October 11, 2023

Late to adopt the interchangeable system wereSinger Corporation sewing machine , reaper manufacturer McCormick Harvesting Machine Company (1870s–1880s) and several large steam engine manufacturers such as Corliss (mid-1880s) as well as locomotive makers. Then large scale production of bicycles in the 1880s began to use the interchangeable …

Tax Reform And The Change To Irs Code Section 1031 Like

Tax Reform And The Change To Irs Code Section 1031 Like

October 11, 2023

Larry identifies an apartment building held by Mary in Chicago, with a FMV of $1,000,000. Larry can exchange his ranch for the Chicago apartment building and under the like-kind exchange rules defer the recognition of the $800,000 gain (1,000, ,000). Larry’s basis in the Chicago apartment building will be equal to his $200,000 basis in …

Risk Response Plan

Risk Response Plan

October 11, 2023

You know a supplier may have spare equipment that you can use for your project for a short time at a low price. Since there is no guarantee you will need this equipment, you don’t take any action. You are constructing a building and it is designed to withstand earthquakes up to 6 on the Richter scale.

If you are able to decrease the …

Tracking And Recording Cash Sales In A Bookkeeping System

Tracking And Recording Cash Sales In A Bookkeeping System

October 10, 2023

Account Type – From the dropdown, select Bank as the account type for a petty cash account. Inform employees that a receipt is required for all petty cash purchases of $75 or more; a receipt scanner app can help minimize the chance of lost receipts. The accounting journal is the place where the details lie. A sample accounting journal page …