Search results
Results From The WOW.Com Content Network
Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.
Example of cost basis. Let’s say you buy 50 shares of Company A for $20 per share. The total cost of this purchase is $1,000 (50 shares x $20). This becomes your cost basis. A few years later ...
The construction of the new dam began in 1913 and was concluded in 1917—three years ahead of schedule—at a cost of more than $15,000,000. [ 9 ] [ 10 ] The dam is 1,843 feet (562 m) long, stands 307 feet (94 m) above its foundation, and is able to hold back about 30 billion US gallons (110,000,000 m 3 ) of water.
The cost basis of an asset is important to you for two primary reasons – tax planning and investment planning. These two reasons are related because only with the proper investment planning can ...
Good Counsel Complex, also known as Convent of the Sisters of the Divine Compassion, is a national historic district located at White Plains, Westchester County, New York. The district consists of 10 contributing buildings, including the separately listed Mapleton .
Students spend the year creating a product and a business plan. They eventually pitch their ideas on the regional and possibly the national level, with a chance to compete for investment capital ...
Cost-plus-incentive fee (CPIF) contracts have a larger fee awarded for contracts which meet or exceed certain performance goals, for example being on schedule and any cost savings. [1] Cost-plus-award fee (CPAF) contracts pay a fee based upon the contractor's product. An aircraft development contract, for example, may pay award fees if the ...
The New Kensington Production Works Historic District, also known as the New Kensington Works and Arnold Works, is a national historic district that is located in New Kensington, Westmoreland County, Pennsylvania. It was added to the National Register of Historic Places in 1998. [1]