Interest expense accruing on the debt is allocated to the personal expenditure to purchase the automobile even though the debt is secured by investment property.
Except as otherwise provided in paragraph (m) of this section, interest expense accruing on a debt for any period is allocated in the same manner as the debt is allocated from time to time, regardless of when the interest is paid.
Interest expense accruing on the $1,000 debt is allocated in accordance with the allocation of the debt from time to time during the year even though the debt was allocated to the passive activity expenditure on the date the interest was paid.
If costs are higher, this increased expense accrues to patients who made the decision that their symptoms merited paying the fees associated with this care.
As the underreported expenses accrued, the fraud grew, according to the S.E.C.
What, for instance, should investors make of a $14 billion item on the company's balance sheet with no explanatory footnotes, entitled "All other current costs and expenses accrued"?
The Philippine Federation not only gives Huey the opportunity to play Davis Cup — it has also provided financial support for him to cover travel and other major expenses accrued through playing the circuit.
The judge awarded more than $2.5 million in legal expenses accrued by lawyers for Asim Ghafoor and Wendell Belew, officials with Al-Haramain's Oregon affiliate who the judge said were wiretapped, and he awarded the two officials each $20,400 in damages.
If one were to account for all the expenses accrued and benefits received by the 38 million people living in the Golden State, the real poverty rate would be closer to 23.4% than 16%, which is the official poverty rate.
Addressing the controversy surrounding the expenses accrued by CDC executives last year and their huge wages, Mitchell said he was looking at the salaries paid to staff at other DFIs in response, but said no one should be receiving "telephone number" pay packets.
