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ACC 401 Course Extraordinary Success/
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ACC 401 Course Extraordinary Success/
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ACC 401 Week 1 Assignment Chapter 2 Problems 32
33 38(UOP) For more course tutorials
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Purchased 3 Times, Rating A 32) List the
five types of filing status and briefly explain
the requirements for the use of each one. 33) In
which of the following cases may the taxpayer
claim head of household filing status? a. The
taxpayer is single and maintains a household
which is the principal place of abode of her
infant son. b. The taxpayer is single and
maintains a household for herself and maintains a
separate household which is the principal place
of abode of her dependent widowed mother.
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ACC 401 Week 1 DQ 1 Basic Concepts For more
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From Chapter 1, complete discussion questions 6,
9, 10. From Chapter 2, complete discussion
questions 3, 6, 9, 10. Review Appendix E (2014
IRS Tax Forms) to see where dependents are shown
on the tax return. Remember to complete all parts
of the problems and report the results of your
analysis. Do not forget to show the necessary
steps and explain how you attained that outcome.
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ACC 401 Week 1 DQ 2 Gross Income For more course
tutorials visit www.tutorialrank.com From
Chapter 3, answer discussion questions 1, 2, 3,
10, 12, 15. Remember to complete all parts of
the problems and report the results of your
analysis. Do not forget to show the necessary
steps and explain how you attained that outcome.
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ACC 401 Week 1 Quiz Set 2 For more course
tutorials visit www.tutorialrank.com 1.
Question What is the amount of the social
security wage limitation for 2014? 2. Question
With respect to the income tax formula, which of
the following statements is 3. Question To be a
qualifying child, the taxpayermust meet three
general tests and five specific tests. Which one
is not part of the five specific tests?
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ACC 401 Week 1 Quiz(UOP) For more course
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401 Week 1 Quiz
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ACC 401 Week 2 Assignment Chapter 4 problem 53
and problem 55(UOP) For more course tutorials
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Purchased 2 Times, Rating A 53. Under the
terms of a divorce decree executed May 1, 2008,
Rob transferred a house worth 650,000 to his
ex-wife, Linda, and was to make alimony payments
of 3,000 per month. The property has a tax basis
to Rob of 300,000. a. How much of this must be
reported on Lindas tax return?
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ACC 401 Week 2 DQ 1 Adjusted Gross Income For
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38. What are some of the limitations concerning
deductibility of student loan interest? Be
specific and comprehensive 43. How much, if any,
may Antonio take as a moving expense deduction on
his 2014 tax return? Is that deduction subject to
any conditions that could change its
deductibility in the future? 47. Three types of
payments are associated with a decree of
separation or a divorce. a. What are those three
payments b. Which one has a tax consequence c.
What is the timing rule regarding the recapture
period of those payments
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ACC 401 Week 2 DQ 2 Itemized Deductions For more
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Ch5. 48. Mickey is a 12-year-old dialysis
patient. Three times a week he and his mother,
Sue, drive 20 miles one way to Mickeys dialysis
clinic. On the way home they go 10 miles out of
their way to stop at Mickeys favorite
restaurant. Their total round trip is 50 miles
per day. How many of those miles, if any, can Sue
use to calculate an itemized deduction for
transportation? Use the mileage rate in effect
for 2010. Explain your answer.
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ACC 401 Week 2 Quiz(UOP) For more course
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ACC 401 Week 3 Assignment Chapter 6(UOP) For more
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39. David is a college professor who does some
consulting work on the side. He uses 25 of his
home exclusively for the consulting practice. He
is single and 63 years old. His AGI (without
consideration of consulting income) is 45,000.
Other information follow
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ACC 401 Week 3 DQ 1 Self-Employed Business Income
Capital Gains For more course tutorials
visit www.tutorialrank.com Ch6. 1. Discuss
the definition of trade or business. Why does it
matter whether a taxpayer is classified as an
employee or as self-employed? 2. Discuss the
concepts of ordinary, necessary, and reasonable
in relation to trade or business expenses. 9.
Discuss the concept of electing 179 expense.
Does the election allow a larger expense
deduction in the year of asset acquisition? 15.
Why were the hobby loss rules established? What
factors determine whether an activity is a trade
or business or a hobby? Is any one factor
controlling?
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ACC 401 Week 3 DQ 2 Rental Property
Royalties For more course tutorials
visit www.tutorialrank.com Ch8. 33. Ramone is a
tax attorney and he also owns an office building
that he rents for 8,500 /month. He is
responsible for paying all taxes and expenses
relating to the buildings operation and
maintenance. Is Ramone engaged in the trade or
business of renting real estate?
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ACC 401 Week 3 Quiz(UOP) For more course
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401 Week 3 Quiz
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ACC 401 Week 4 Assignment Chapter 9, Problem 42
problem 49(UOP) For more course tutorials
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Purchased 3 Times, Rating A 42. Tim and
Martha paid 7,900 in qualified
employment-related expenses for their three young
children who live with them in their household.
Martha received 1,800 of dependent care
assistance from her employer, which was properly
excluded from gross income. The couple had
57,000 of AGI earned equally by Tim and Martha.
What amount of child and dependent care tax
credit can they claim on their Form 1040? How
would your answer differ (if at all) if the
couple had AGI of 36,000 that was entirely
earned by Tim?
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ACC 401 Week 4 DQ 1 Tax Credits and Payroll
Taxes For more course tutorials
visit www.tutorialrank.com From Chapter 9,
complete questions 3 and 7, and problem 43. From
Chapter 10, complete question 1 and question 7.
Remember to complete all parts of the problems
and report the results of your analysis. Do not
forget to show the necessary steps and explain
how you attained that outcome. Respond to at
least two of your classmates' postings.
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ACC 401 Week 4 DQ 2 Payroll Taxes and Retirement
Plans For more course tutorials
visit www.tutorialrank.com From Chapter 10,
complete questions 12 and 13. From Chapter 11,
complete question 5, question 15, and question
19. Remember to complete all parts of the
problems and report the results of your analysis.
Do not forget to show the necessary steps and
explain how you attained that outcome.
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ACC 401 Week 5 DQ 1 Partnership Taxation For more
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Chapter 14, problems 1, 3, 12, and 15. 1.
Discuss the formation of a partnership. Is any
gain or loss recognized? Explain. 3. How do
taxation for the corporate form and taxation for
the partnership form differ? 12. Can a partner
have a salary from a partnership? Why? What is
a guaranteed payment? 15. If a partner owns a
20 interest, does that necessarily mean that he
or she will receive 20 of the net income from
the partnership? Explain.
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ACC 401 Week 5 DQ 2 Corporate taxation For more
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Chapter 15, problems 4, 6, 14 and 16. 4.
Explain the 80 rule as it pertains to the
formation of a corporation. 6. An individual
contributes property with a fair market value in
excess of basis to a corporation in exchange for
stock. What is the basis of the stock in the
hands of the shareholder, and what is the basis
of the property contributed in the hands of the
corporation?
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ACC 401 Week 5 Final Paper Assignment (UOP) For
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A QAppendix A Please use this information for
your Tax Return and Paper. All people,
businesses, and information are fictional. Any
relation to an actual person or business is
accidental. Harold Petersan SSN 0XX-01-1XXX Date
of Birth (DOB) 05/27/1975 Gross Pay 51,750
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ACC 401 Course Extraordinary Success/
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The Best way to predict the Future is to create
it.....To Best way....
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