English Method A In the first text we are presented with a very strict way of parenting. Sophie Chua-Rubenfeld explains how her Tiger Mom has affected her. The principles of the parenting are you have to do your best at all time. The parents push their children to their fullest potential and only the best is accepted. By being very involved with their children’s activities and having a big influence on their children choices. This method was criticized by many parents by being too robot like
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A 1. Give an account of childraising principles in the three texts. Our childraising has a very important value of who we are or will be. It makes us who we are and has a great influence on our way of living. Parents today try to raise their children as perfect as they can be. There are many ways of childraising. A lot of different ways also. But there is not a single answer, for the normal or perfect childraising. Parents raise their child or child’s different. The different methods of childraising
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Facts: In 2014 ABC Corporation, a calendar year taxpayer, properly deducted a $100,000 payment as an expense deduction. In late 2014, ABC elected S corporation status as of January 1, 2015. In March 2015, ABC received a recovery of $40,000 of the payment. The accountant for ABC asks “Must the repayment be reported as income by ABC (the S Corp) under that tax benefit doctrine?” If ABC reports income as a result of the refund, this income will be allocated to the shareholders of ABC for year 2015
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1120S U.S. Income Tax Return for an S Corporation S Corporations or nominated S Corporations by filing or enclosing form 2553 are authorized to file their income tax returns with 1120S U.S. Income Tax Return for an S Corporation. This five-page form requires various financial particulars in Schedule B, K, L, M1, and M2. You may choose to terminate the nomination for being an S corporation using the provision in this form. Please provide accurate and truthful particulars of income, deductions, and
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----------------------- CH. 13 Workout Problems PARTNERSHIP FORMATION – GENERAL GAIN/LOSS RECOGNITION Example: Two medical doctors, Dr. Do Little and Dr. Do Lot Decide to form a partnership whereby partner Little will have 1/3 interest and partner Lot will have a 2/3 interest in the LittleLot partnership. Partner Little contributes $50,000 while Partner Lot contributes $100,000 of assets described as follows: Dr. Do Little (33 1/3%) Little Lot Cash $50K $50K FMV Partnership int. $50K
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deduction limitations of § 280H will apply to the PSC. • An election was made under § 444 to retain its fiscal year ending 1987. p. 2-10 12. In general, a corporation is not allowed to use the cash method of accounting for Federal tax purposes. However, S corporations, qualified personal service corporations, and C corporations engaged in the trade or business of farming or timber are exceptions to this rule. Further, a C corporation with $5 million or less of average gross receipts over the past three
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Children's upbringing We start in the first text called Why I love my strict Chinese mom from a newspaper. It is an inter-view from The New York Post interviewing Sophia Chua-Rubenfeld who describes her up-bringing as a child. She had a very strict mother who used methods as not letting the children attend sleep-overs, have play dates, be in school plays, complain about not being in a school play. The daughter goes on telling the interviewer that she does not think that her mother rose her badly
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Executive Officer. Simone Williamson was also brought into the company in 1989 because of her extensive network among the Boston area caterers, and by 1996 she was appointed President of the firm. The company was growing rapidly from the early to late 1990’s, producing revenues of about $1 million in 1991 and reaching $2.7 million in 1997. They went from being a secondary firm who provided help to caterers when they had a bigger than usual event or needed some special service that regular suppliers could
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a Swedish individual and Plantation Sugar partnership, may elect to be an S corporation, under section 1361(b)(1)(B), 1361(b)(1)(C) and 1361(b)(1)(D)? B. Whether all the shareholders must consent to the election of S status, under section 1362(a)(2)? C. Whether the election of S status is effective if a C corporation does not meet all the requirements in the election year, under Reg §1.1362-6(2)(ii)(B)? D. Whether an S corporation can keep its C corporation tax year, which ends in June 30, without
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re connected back to my past with nostalgia. My earliest memory of a song with lyrics is ‘’Reach’’ by S Club 7. Me and my friends used to play it on my sisters old Barbie radio and create our own dance routines in the living room of my house then later put on shows for our families in the green area outside the house. Every time I hear it now I cringe remembering dancing around the green to S Club 7 and laugh at how great dancers we thought we were. I still talk to those friends and we all remember
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