What are Section 263A rules?

What are Section 263A rules? What is Section 263A? Section 263A, often referred to as the Uniform Capitalization rules or UNICAP, requires taxpayers to capitalize direct and indirect costs properly allocable to real or tangible personal property produced or acquired for resale by the taxpayer. Who does Section 263A apply to? Section 263a mainly applies […]

How can people weigh the same but look different?

How can people weigh the same but look different? One easily forgotten reason is that your weight only indicates your body mass index (BMI), not your body composition, which is the amount of muscle versus fat you have on your body. Your body composition makes a huge difference in what you look like even though […]

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