wrong- stock dividend Qtig stock is a "Tax free distribution.
you pay tax when you sell the qtig shares. Your cost basis will be 0. That makes every $ you receive will be taxable.
The holding period will be based on qtig shares held.
"And now you know the rest of the story".
If you want to get tax information , just ask. recently the president declared the storm raveged Florida a "disaster" area. Tell people with losses to get estimates and they can amend there 2003 tax returns . Thats right they can get back tax dollars paid . Review if its better to file in 2003 or 2004.
Help me with this one, please. I just received a google post that I want to transfer from my email to this board, but I don't know how to do that. In any case the google alert states that Al Golusin, our cfo is moving to another company called netoy. Mr. Golusin is a CPA and his expertise is filings with the SEC to enable comp. to go public.. Anyway I wonder what's behind that move? If someone would be kind enough to help me transfer the pr to this web page it will be in more detail.