...ACC 555 Entire Course Individual Tax Research and Planning https://homeworklance.com/downloads/acc-555-entire-course-individual-tax-research-and-planning/ ACC 555 Entire Course Individual Tax Research and Planning ACC 555 Assignment 1 – Tax Research Imagine that the Internal Revenue Service (IRS) has selected your client for an audit. Your client and the IRS disagree about the amount of tax revenue owed. You agree with your client’s position. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and/or make all necessary assumptions needed for the completion of this assignment. Write a three to four (3-4) page paper in which you: 1. Prepare a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 2. Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS. ACC 555 Assignment 2 – Tax-Deductible Losses Write a six to eight (6-8) page paper in which you: 1. Research the manner in which tax-deductible losses originally became part of the U.S. Tax Code. Conclude whether or not tax-deductible losses overall are reasonable. Provide support for your conclusions. 2. Suggest what you believe to be a significant tax-deductible loss. Discuss whether or not the deductibility...
Words: 2347 - Pages: 10
...ACC 555 Entire Course Individual Tax Research and Planning https://homeworklance.com/downloads/acc-555-entire-course-individual-tax-research-and-planning/ ACC 555 Entire Course Individual Tax Research and Planning ACC 555 Assignment 1 – Tax Research Imagine that the Internal Revenue Service (IRS) has selected your client for an audit. Your client and the IRS disagree about the amount of tax revenue owed. You agree with your client’s position. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and/or make all necessary assumptions needed for the completion of this assignment. Write a three to four (3-4) page paper in which you: 1. Prepare a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 2. Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS. ACC 555 Assignment 2 – Tax-Deductible Losses Write a six to eight (6-8) page paper in which you: 1. Research the manner in which tax-deductible losses originally became part of the U.S. Tax Code. Conclude whether or not tax-deductible losses overall are reasonable. Provide support for your conclusions. 2. Suggest what you believe to be a significant tax-deductible loss. Discuss whether or not the deductibility...
Words: 2347 - Pages: 10
...Common Shares (PUC) | 31,200 | | | Retained Earnings | 26,800 | 80,000 | Total Equities | | $124,000 | The following transactions are each independent transactions. a) On March 1, 2013, a long-time debtholder has agreed to convert $20,000 of his debt to 1,000 Preferred shares with a paid up capital of $22,000. Assume that S. 51 of the Income Tax is not applicable. On April 1, 2013, a different shareholder with 500 Preferred Shares sold them for $11,000 in an arm’s length transaction. He had purchased the shares for $8,200 in 2011. b) A different investor owns 200 of the common shares which he had purchased in 2009 for $20 per share. The company redeems them at a price of $44 per share. c) In return for assets with a fair market value of $35,000, the company issued a demand note for $24,000 and 500 fully paid Preferred Shares having a per share Paid Up Capital equal to those currently outstanding. d) The company paid and distributed a 5 percent stock dividend on the common shares. An addition was made to paid up capital of $1,560 with retained earnings reduced accordingly. Required: Describe fully the tax consequences of the above independent transactions. Ensure to include any changes to the taxpayers’ income as well as any changes to adjusted cost bases that the shareholder still owns after the transaction. Question 2: Joan Moffat is a successful accountant located in downtown Toronto. She has been talking to her financial planner and on January...
Words: 894 - Pages: 4
...ACC 555 Entire Course Individual Tax Research and Planning https://homeworklance.com/downloads/acc-555-entire-course-individual-tax-research-and-planning/ ACC 555 Entire Course Individual Tax Research and Planning ACC 555 Assignment 1 – Tax Research Imagine that the Internal Revenue Service (IRS) has selected your client for an audit. Your client and the IRS disagree about the amount of tax revenue owed. You agree with your client’s position. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and/or make all necessary assumptions needed for the completion of this assignment. Write a three to four (3-4) page paper in which you: 1. Prepare a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 2. Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS. ACC 555 Assignment 2 – Tax-Deductible Losses Write a six to eight (6-8) page paper in which you: 1. Research the manner in which tax-deductible losses originally became part of the U.S. Tax Code. Conclude whether or not tax-deductible losses overall are reasonable. Provide support for your conclusions. 2. Suggest what you believe to be a significant tax-deductible loss. Discuss whether or not the deductibility...
Words: 2347 - Pages: 10
...ACC 555 Entire Course Individual Tax Research and Planning https://homeworklance.com/downloads/acc-555-entire-course-individual-tax-research-and-planning/ ACC 555 Entire Course Individual Tax Research and Planning ACC 555 Assignment 1 – Tax Research Imagine that the Internal Revenue Service (IRS) has selected your client for an audit. Your client and the IRS disagree about the amount of tax revenue owed. You agree with your client’s position. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and/or make all necessary assumptions needed for the completion of this assignment. Write a three to four (3-4) page paper in which you: 1. Prepare a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 2. Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS. ACC 555 Assignment 2 – Tax-Deductible Losses Write a six to eight (6-8) page paper in which you: 1. Research the manner in which tax-deductible losses originally became part of the U.S. Tax Code. Conclude whether or not tax-deductible losses overall are reasonable. Provide support for your conclusions. 2. Suggest what you believe to be a significant tax-deductible loss. Discuss whether or not the deductibility...
Words: 2347 - Pages: 10
...ACC 401 Federal Income Tax Final Paper http://homeworktimes.com/downloads/acc-401-federal-income-tax-final-paper/ For More Tutorial Visit: http://homeworktimes.com/ For any Information Email Us: : onlineeducationalservice@gmail.com ACC 401 Federal Income Tax Final Paper http://homeworktimes.com/downloads/acc-401-federal-income-tax-final-paper/ For More Tutorial Visit: http://homeworktimes.com/ For any Information Email Us: : onlineeducationalservice@gmail.com ACC 401 Federal Income Tax Final Paper http://homeworktimes.com/downloads/acc-401-federal-income-tax-final-paper/ For More Tutorial Visit: http://homeworktimes.com/ For any Information Email Us: : onlineeducationalservice@gmail.com ACC 401 Federal Income Tax Final Paper http://homeworktimes.com/downloads/acc-401-federal-income-tax-final-paper/ For More Tutorial Visit: http://homeworktimes.com/ For any Information Email Us: : onlineeducationalservice@gmail.com ACC 401 Federal Income Tax Final Paper http://homeworktimes.com/downloads/acc-401-federal-income-tax-final-paper/ For More Tutorial Visit: http://homeworktimes.com/ For any Information Email Us: : onlineeducationalservice@gmail.com ACC 401 Federal Income Tax Final Paper http://homeworktimes.com/downloads/acc-401-federal-income-tax-final-paper/ For More Tutorial Visit: http://homeworktimes.com/ For any Information Email Us: : onlineeducationalservice@gmail.com ACC 401 Federal Income Tax Final Paper http://homeworktimes...
Words: 320 - Pages: 2
...ACC 555 Entire Course Individual Tax Research and Planning http://homeworkfy.com/downloads/acc-555-entire-course-individual-tax-research-and-planning/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com Visit our Site for More Tutorials: (http://homeworkfy.com/ ) ACC 555 Assignment 1 – Tax Research Imagine that the Internal Revenue Service (IRS) has selected your client for an audit. Your client and the IRS disagree about the amount of tax revenue owed. You agree with your client’s position. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and/or make all necessary assumptions needed for the completion of this assignment. Write a three to four (3-4) page paper in which you: 1. Prepare a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 2. Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS. ACC 555 Assignment 2 – Tax-Deductible Losses Write a six to eight (6-8) page paper in which you: 1. Research the manner in which tax-deductible losses originally became part of the U.S. Tax Code. Conclude whether or not tax-deductible losses overall are reasonable. Provide support for your conclusions...
Words: 2368 - Pages: 10
...ACC 555 Entire Course Individual Tax Research and Planning To Buy this Class Copy & paste below link in your Brower http://homeworkregency.com/downloads/acc-555-entire-course-individual-tax-research-and-planning/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com ACC 555 Entire Course Individual Tax Research and Planning ACC 555 Assignment 1 – Tax Research Imagine that the Internal Revenue Service (IRS) has selected your client for an audit. Your client and the IRS disagree about the amount of tax revenue owed. You agree with your client’s position. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and/or make all necessary assumptions needed for the completion of this assignment. Write a three to four (3-4) page paper in which you: 1. Prepare a defensible strategy for the client by using the six (6) steps in the tax research process. Propose how each of the steps provides support for the client’s position. 2. Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS. ACC 555 Assignment 2 – Tax-Deductible Losses Write a six to eight (6-8) page paper in which you: 1. Research the manner in which tax-deductible losses originally became part of the U.S. Tax Code. Conclude whether or not tax-deductible losses overall...
Words: 2376 - Pages: 10
...GUIDELINES...............................................................................7 REAR YARD FENCE GUIDELINES ......................................................................................9 PLAY EQUIPMENT GUIDELINES ......................................................................................11 SATELLITE RECEIVER (DISH) GUIDELINES ..................................................................13 GENERAL IMPROVEMENTS, LANDSCAPE & MAINTENANCE GUIDELINES..........14 LIST OF RECOMMENDED PLANT SPECIES ....................................................................19 EXHIBIT A REQUEST FORM 2 CHRISTENBURY MASTER ASSOCIATION, INC. ARCHITECTURAL CONTROL COMMITTEE INTRODUCTION The Architectural Control Committee (ACC) is providing the attached Architectural Design Guidelines (“Guidelines”) in accordance with that Declaration of Covenants, Easements, Conditions and Restrictions (“Declaration”), for purposes of establishing and maintaining exterior design elements throughout Christenbury. This document should be filed with the homeowners’ copy of the Declaration received at closing. It is the responsibility of each homeowner to pass along the Declaration and Guidelines to any future buyer of their home at Christenbury. It is important to note that the Guidelines are applicable to most all future building exterior and property...
Words: 5815 - Pages: 24
...Jose Cando ENGL-2327 April 26, 2014 Balcones Fiction and Poetry Winners Reading Event: Natalie Diaz’s Reading of When My Brother Was an Aztec Outside the ACC Theater on April 9th, the public was greeted by tables of refreshment including fruits cheeses and crackers which was a nice surprise. Although, I had expected a packed theater, only about forty people were waiting inside. The event started at 6:30 pm when Charlotte Gullick, the chair of the creative a writing department took the stage. After promoting some of creative writing classes at ACC, she described the significance of the Balcones prizes. A teacher from the English department took the stage next to talk a little more about the Balcones prize. He pointed out that Natalie Diaz was the sixteenth winner of this prize. He described Ms. Diaz as a woman with her foot “in three different worlds.” Her childhood was spent on the Mojave reservation in the California Desert. She attended college in Virginia on a basketball scholarship, and from there she played professional basketball in Europe and Asia. After injuring her knee, she left basketball to study poetry in graduate school. Therefore, he claimed, she has a foot in the worlds of the reservation, basketball and poetry. With that, he welcomed Nathalie to the stage. Nathalie jumped into reading her poem, “When My Brother Was an Aztec.” I was shocked to hear the bitterness and resentment in her voice as she describe her brother as a nasty and careless force which...
Words: 668 - Pages: 3
...ACC 565 WEEK 7 ASSIGNMENT 3 REORGANIZATIONS AND CONSOLIDATED TAX A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=week-7-assignment-3-reorganizations-and-consolidated-tax Visit Our website: http://hwsoloutions.com/ Product Description ACC 565 Week 7 Assignment 3 Reorganizations and Consolidated Tax, Compare the long-term tax benefits and advantages of each type of reorganization, and recommend the type of reorganization that will be most beneficial to the client. Reorganization is the term used to refer to the concept of acquisition of new entities is such a way that all transactions made are nontaxable. The support for this method of acquisition of new assets by an organization is present in the US law. Section 368 talks about this concept in detail and is issued under the supervision of Internal Revenue Service. Reorganization comes in different forms namely type A, B, C and D. the explanation for these types is given below. Type A: It refers to the reorganization that takes place in the form of consolidations and mergers Type B: It refers to the reorganization in the form of utilizing the voting stock of the company undergoing the reorganization to acquire the stock of the company being acquired Type C: it refers to the reorganization style in which the company being acquired gets liquidated and the shareholders of the acquiring company buy the shares of the target company Type D: It refers to the reorganization style in which division and...
Words: 431 - Pages: 2
...ACC 565 WEEK 5 MIDTERM EXAM To purchase this tutorial visit here: http://mindsblow.us/question_des/ACC565WEEK5MIDTERMEXAM/540 contact us at: help@mindblows.us ACC 565 WEEK 5 MIDTERM EXAM 1) Tax planning is not an integral part of open-fact situations. 2) The Internal Revenue Code of 1986 contains the current version of the tax law. 3) Regulations issued prior to the latest tax legislation dealing with a specific Code section are still effective to the extent they do not conflict with the provisions in the new legislation. 4) Final regulations have almost the same legislative weight as the IRC. 5) A revenue ruling is issued by the Internal Revenue Service only in response to a verbal inquiry by a taxpayer. 6) Taxpayers must pay the disputed tax prior to filing a case with the Tax Court. 7) Appeals from the U.S. Tax Court are to the Court of Appeals for the Federal Circuit. 8) Appeals from the Court of Appeals go to the Supreme Court under a writ of certiorari. The Supreme Court decides whether or not they will hear the case. 9) A citator enables tax researchers to locate authorities (e.g., cases and IRS pronouncements) that have cited a particular case. 10) According to the Statements on Standards for Tax Services, CPAs must verify all tax return information submitted by reviewing client documentation. 11) When a taxpayer contacts a tax advisor requesting advice as to the most advantageous way to dispose of a stock, the tax advisor is faced with A) a restricted-fact...
Words: 4931 - Pages: 20
...ACC 575 WK 3 ASSIGNMENT 1 To purchase this visit here: http://www.activitymode.com/product/acc-575-wk-3-assignment-1/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 575 WK 3 ASSIGNMENT 1 ACC 575 WK 3 Assignment 1 - Internal Revenue Service Compliance Requirements for CPAs Go to the IRS Website and review circular 230 titled “Regulations Governing Practice before the Internal Revenue Service,” located at http://www.irs.gov/pub/irs-pdf/pcir230.pdf. Write a three to four (3-4) page paper in which you: 1. Create an argument supporting the following premise: The requirements of Circular 230, as well as the consequences related to violations of the compliance rules for individual or corporate taxes, have reduced tax fraud activity. 2. Suggest what you believe to be the most flagrant ways in which tax preparers violate IRS Circular 230 rules, and provide a rationale for your response. Propose the most likely IRS penalty for the violation identified, and recommend the most important alternative action(s) that the IRS could take to prevent this type of violation in the future. 3. Evaluate the current Circular 230 requirements to practice before IRS, and recommend at least two (2) new requirements for tax practitioners that would improve overall ethical behavior and compliance and avoid IRS penalties. Support your recommendation with examples. 1. Activity mode aims to provide quality study notes and tutorials to the students of ACC 575 WK 3 Assignment 1 in order...
Words: 993 - Pages: 4
...This work of ACC 547 Final Exam shows the solutions to the following questions: 1) A family with $45,000 in assets and $22,000 of liabilities would have a net worth of 2) A budget deficit would result when a person's or family's 3) The payment items that should be budgeted first are 4) Which of the following statements regarding tax credits is true? 5) The tax base for an individual tax return is 6) Which of the following statements regarding exemptions is correct? 7) Which of the following has the lowest authoritative weight? 8) Which of the following has the highest authoritative weight? 9) Jaime recently found a "favorable" trial level court opinion directly on point for her tax question. Which trial level court would he prefer to have issued the opinion? 10) Sam saved diligently for his college education by putting part of his pay into U.S. Series EE saving bonds. Sam purchased the bonds for $6,500, and this year he redeemed the bonds for $7,200. He has no other income this year. What amount must Sam include in his gross income? 11) Jill currently lives in the suburbs and commutes 25 miles to her office in downtown Freeport. She is considering quitting her current job to look for new employment in the downtown. Which of the following statements best describes how Jill can satisfy the distance test for deducting moving expenses if she accepts a new job in downtown Freeport? 12) Congress allows self-employed taxpayers to deduct...
Words: 382 - Pages: 2
...Tax Return Position Paper ACC/455 The techniques in use for creating individual and business tax return transactions follow guidelines and rulings set forth under the tax law. The Internal Revenue Code (IRC) of 1939, which contains Title 26 of the United States Code, is the foundations of the tax law (Anderson, Pope, & Kramer, 2010). Ever since its establishment numerous revisions have been applied. The tax law entails primary and secondary sources, substantial authority. This paper will illustrate these sources, the role of the courts and the Internal Revenue Service in interpreting and applying the sources of tax law. This information will aid in preparing tax returns. The primary source of tax law comprises the Internal Revenue Code; tax court decisions, income tax treaties, and Public laws. Along with the aforementioned one believes that the legislative process is also another primary source of the tax law. This source starts in the House of Representative the first step is the proposal of new tax bill, the bill receives votes determining whether or not to integrate the proposal of a tax bill. A tax law primary source also includes Treasury Regulations; these regulations are rules and regulations in use by the IRS to implement the laws of the Internal Revenue Code. Treasury Regulations can be proposed, temporary, or final. There are also other rulings and regulations from the IRS that support the IRC such as revenue ruling, revenue...
Words: 335 - Pages: 2
