Revenue

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  • #169333
    v61312
    Member

    How is Revenue determine for tax purposes? is it by how many employees work within that state and what are their salary rate is? For example, if a company have business in 3 different state, how does revenue determine for each of the state? Is the revenue earned in each state determine by the # of employees.

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  • #338144
    jeff
    Keymaster

    The exam is Federal tax…I'm assuming you're working on a client return?

    Ask your boss 🙂

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #338145
    v61312
    Member

    Actually im not working on a client tax return. I'm work in the industry and not even in public accounting. I was just looking at the company tax return and the question strike me, so im just curious how revenue was determine.

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