These tax moves are most likely to trigger an audit [DailyFinance (AOL.com)]
Kellanova (K)
Last kellanova earnings: 4/30 08:00 am
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Source: DailyFinance
These tax moves are most likely to trigger an Share Cheapism Feb 28th 2020 4:33PM We all want to keep as much money in our pockets as possible, but it's also important to know where to draw the line when it comes to pursuing deductions and other efforts that might lower your annual tax burden not an actual Schedule C Income and Expenses An IRS Schedule C is used to report the income and expenses of self-employed individuals, and often self-employed individuals fail to report all of their income, particularly cash-based transactions, says Lee Reams of the tax professional directory service TaxBuzz. "The IRS has studied various types of businesses to determine what percentage of total sales should be cash transactions. Thus, the IRS knows about how much a self-employed person's gross income for the year should be," Reams said. In addition, self-employed individuals often don't realize that credit and debit card companies report the total dollar amount of all transactions to the IRS vi
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News
- Kellanova (NYSE: K) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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K
Earnings
- 11/1/24 - Beat
K
Sec Filings
- 12/23/24 - Form 4
- 12/16/24 - Form 4
- 12/12/24 - Form 8-K
- K's page on the SEC website