Burlington, IL Weather. The average temperature of Burlington is 47.92Â°F, which is lower than the Illinois average temperature of 51.37Â°F and is much lower than the national average temperature of 54.45Â°F. Historical Weather.
Transactions of Interest. A transaction of interest is a transaction that is the same as or substantially similar to one of the types of transactions that the IRS has identified by notice, regulation, or other form of published guidance as a transaction of interest. It is a transaction that the IRS and Treasury Department believe has a potential for tax avoidance or evasion, but for which there is not enough information to determine if the transaction should be identified as a tax avoidance transaction.
An accounting transaction is a business event having a monetary impact on the financial statements of a business. It is recorded in the accounting records of the business. Examples of accounting transactions are: 1  Sale in cash to a customer. 2  Sale on credit to a customer. 3  Receive cash in payment of an invoice owed by a customer. 4  Purchase fixed assets from a supplier. 5  Record the depreciation of a fixed asset over time.