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SYE

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AcronymDefinition
SYESlip-Yoke Eliminator
SYESecond Year Experience (various universities)


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With Without election election Tax on FYE 6/30/93 net income ($200 x 31%) $62 $62 Tax on SYE 12/31/93 net income ($50 x 31%) N/A 16 1993 tax liability 62 78 Required payment (($200 x 6/12 x 31%) - $28) 4 Refund of prior year required payment (28) Net cash required $66 $50
Fiscal tax year elections should be reconsidered by Morrow, Gregory E. / The Tax Adviser
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