RELOCATION OF ENDAGERD SPECIES

[sarahtriem]

I am not sure how to class the $77000 paid for the removal of the bird paid to bandera conservation bankituated in the Bandera Canyonlands of the Texas Hill Country, BCCB is a USFWS-approved species conservation bank for the federally endangered Golden-cheeked Warbler (Setophaga chrysoparia). BCCB provides offsetting conservation credits for habitat impacts associated with land use change, development, and infrastructure activities.

[TaxGuyBill]

Can you clarify what you are doing?  Are you doing a tax return for BCCB?  Or for an individual?  Or something else?  What do you need to "class"?

[George4Tacks · Accepted solution]

Is this a bookkeeping question? A donates money to B, a Non-Profit that helps move an endangered species off of my property. In exchange for this money, B also arranges for A to now be able to grow grapes on land that previously had restrictions on it because that damn bird was around.

How do I book the $77,000 cash payment and what is the offsetting entry? 

Is this sorta what you are looking for?

[IRonMaN]

"RELOCATION OF ENDAGERD SPECIES"

I thought maybe that was Intuit's way of saying they were going to try and move us old timers to the new community.

[sjrcpa]

:laughing:

[abctax55]

ENDAGERD....sounds (to me) like our favorite pirate may be planning on stabbing folks.

[George4Tacks]

Silly girl! Dagger has two G's.
BTW - Two morons are in a tree. The big one fell out. Why didn't the other one fall out?

[abctax55]

I was going with the Olde English spelling.  
Nope...don't know that one

[George4Tacks]

Because he was little more on.

[George4Tacks]

I actually remember many of these from my "formative" years. That should tell you much about the me of now.
Why did the little moron keep his father in the refrigerator?

[TaxGuyBill]

<groan>

I'll bite.  Why?

[George4Tacks]

So he could have cold pop.
These are recollections from the 1950's. Definitely signs of a sick mind.
The 1960's had elephant jokes. Why did the elephant have 3 white tennies and one yellow one.

[TaxGuyBill]

Okay ... why?

[George4Tacks]

It never learned to heist it's leg.
In the 1970's there were the... jokes, but I will hold those for another thread to hijack.

[abctax55]

Little Johnny jokes, anyone?
(not suitable for posting on this P.G. site)

[IRonMaN]

I wonder if we could find someone willing to provide Ole and Lena jokes here. :no_mouth:

[sjrcpa]

That's a good idea. :bulb: