1 / 16

ACCT 553 Learn/uophelp.com

For more course tutorials visit<br>www.uophelp.com<br><br><br>Please check the Details under individual Assignments<br> <br> <br>ACCT 553 Week 1 Homework<br> <br>ACCT 553 Week 2 Homework<br> <br>ACCT 553 Week 3 Homework<br> <br>ACCT 553 Week 3 Homework ES (Quiz, Set 1)

chinna123456
Download Presentation

ACCT 553 Learn/uophelp.com

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACCT 553 Learn /uophelp.com For more course tutorials visit www.uophelp.com

  2. ACCT 553 Learn /uophelp.com ACCT 553 Final Exam (New) For more course tutorials visit www.uophelp.com 1. (TCO E) Zelda Zayer has been a widow for over 3 years and files a return as a single taxpayer. Items of income received by Zelda in 2011 were as follows.

  3. ACCT 553 Learn /uophelp.com ACCT 553 Midterm Exam For more course tutorials visit www.uophelp.com 1. (TCO C) Under current accounting practice, intangible assets are classified as (Points: 5) 2. (TCO C) Which of the following intangible assets should not be amortized? (Points: 5)

  4. ACCT 553 Learn /uophelp.com ACCT 553 Week 1 Homework For more course tutorials visit www.uophelp.com Chapter 1 (5 pts) 1. Briefly discuss the purpose of the Sixteenth Amendment Chapter 2 (5 pts) 2. Explain the two "safe harbors" available to an Individual taxpayer to avoid a penalty for underpayment of estimated tax.

  5. ACCT 553 Learn /uophelp.com ACCT 553 Week 2 Homework For more course tutorials visit www.uophelp.com Chapter 4 1. Your brother is short on cash and cannot pay his rent this month. You pay his rent for him. Is this taxable income to your brother? Do you get a deduction? (2 pts)

  6. ACCT 553 Learn /uophelp.com ACCT 553 Week 3 Homework ES (Quiz Set 1) For more course tutorials visit www.uophelp.com 1. (TCO A) A taxpayer may litigate a tax dispute without first paying the tax in the: 2. (TCO F) A business bad debt is deductible for tax purposes as a(n):

  7. ACCT 553 Learn /uophelp.com ACCT 553 Week 3 Homework ES (Quiz Set 2) For more course tutorials visit www.uophelp.com 1. A business bad debt is deductible for tax purposes as a(n): Your Answer: 2. Which of the following items is not subject to federal income tax?

  8. ACCT 553 Learn /uophelp.com ACCT 553 Week 3 Homework For more course tutorials visit www.uophelp.com Chapter 7 1. In your "own" words, please describe what a "Suspended Loss" is, how it is generated and when it is becomes deductible. (5 pts) 2. Please describe "Active Participation" as it relates to a taxpayer's involvement in an investment in Real Estate. (5 pts).

  9. ACCT 553 Learn /uophelp.com ACCT 553 Week 4 Assignment YouDecide For more course tutorials visit www.uophelp.com Jane Smith Case How is the $300,000 treated for purposes of federal tax income? Jane Smith Tax Issues:

  10. ACCT 553 Learn /uophelp.com ACCT 553 Week 4 Homework For more course tutorials visit www.uophelp.com Chapter 14 1. Please describe the concept of "double taxation" and discuss which entity(ies) are subject to this type of taxation. (5 pts) 2. What type of taxpayers are considered "eligible" taxpayers with regard to special ordinary loss treatment of IRC Section 1244 stock? (5 pts.)

  11. ACCT 553 Learn /uophelp.com ACCT 553 Week 5 Homework For more course tutorials visit www.uophelp.com Chapter 14 1. Please explain how Charitable Contributions come into play in determining "Corporate" taxable income. (5 pts) 2. What happens to a loss on the Corporate Tax Return (Form 1120)? Does it pass through to the shareholders? Is it available for future or past periods? Please explain in detail. (5 pts.)

  12. ACCT 553 Learn /uophelp.com ACCT 553 Week 5 Quiz For more course tutorials visit www.uophelp.com 1. (TCO E) For federal tax purposes, royalty income not derived in the ordinary course of a business is classified as: 2. (TCO F) When comparing corporate and individual taxation, the following statements are true, except:

  13. ACCT 553 Learn /uophelp.com ACCT 553 Week 6 Assignment You Decide For more course tutorials visit www.uophelp.com ACCT 553 Week 6 You Decide Mark, and John Case Part I: Discuss the various forms of organization that are available to Penelope, Mark, and John Part II: Make your recommendation as to what form of organization you believe will be best, and be sure to explain the reasoning for your choice.

  14. ACCT 553 Learn /uophelp.com ACCT 553 Week 6 Homework For more course tutorials visit www.uophelp.com Miyasyke,Inc.,acalendaryearScorporation,hasfiveequalshareholdersattheendofthetaxyear.Miyasykehad $75,000oftaxableincome.Miyasykemadedistributionsto itsshareholdersof$32,000each,foratotalof$160,000.

  15. ACCT 553 Learn /uophelp.com ACCT 553 Week 7 Homework For more course tutorials visit www.uophelp.com Chapters 10-11-12 1. Please explain the distinction between a "realized" gain and a "recognized" gain. (5 pts) 2. Are there any limits to the deductibility of losses on sales and exchanges between related parties? What code section defines this limitation? (5 pts.)

  16. ACCT 553 Learn /uophelp.com For more course tutorials visit www.uophelp.com

More Related