What is the large portion of water which is partially enclosed by the countries of Saudi Arabia, Kuwait, Iraq, U.A.E. , and Iran? The Central Plateau of Iran What is the name of the elevated, nearly level portion of land located in the country of Iran?
The new tax law can change your tax bill if you're planning to trade in a business vehicle for a new one. Here's what to know.
Trade or Business. A trade or business is generally an activity carried on for a livelihood or in good faith to make a profit. The facts and circumstances of each case determine whether or not an activity is a trade or business. The regularity of activities and transactions and the production of income are important elements. You do not need to actually make a profit to be in a trade or business as long as you have a profit motive. You do need, however, to make ongoing efforts to further the interests of your business.