Both must also intend
a permanent union, not a temporary one or one that leaves an opening for divorce.
Cruz Bustamante shares the same intentions: ``I do not intend
to put my name on that ballot.
That person or entity justifiably relies on the information in a transaction that the accountant or client intends
the information to influence.
Generally, relief is available under that procedure when (1) a corporation intends
to be an S corporation; (2) the corporation and its shareholders reported their income consistent with S status for the tax year the S election should have been made and for every subsequent year; and (3) the corporation did not receive IRS notice about any problem with S status within six months of the date on which Form 1120S for the first year was timely filed.
Loss suffered by the person or one of a limited group of persons for whose benefit and guidance the accountant intends
to supply information or knows the recipient intends
to supply it.
The fundamental flaw in the DOL's position is that it would condition the fair market value (FMV) determination on the means by which the purchaser intends
to pay the purchase price.