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ACC 547 OUTLET Education Your Life--acc547outlet.com

FOR MORE CLASSES VISIT<br>www.acc547outlet.com<br><br>1. In 2016, Sayers, who is single, gave an outright gift of $50,000 to a friend, Johnson, who needed the money to pay medical expenses. In filing the 2016 gift tax return, Sayers was entitled to a maximum exclusion of<br>

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ACC 547 OUTLET Education Your Life--acc547outlet.com

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  1. ACC 547 OUTLET Education Your Life--acc547outlet.com

  2. ACC 547 OUTLET Education Your Life--acc547outlet.com • ACC 547 Final Exam Guide • FOR MORE CLASSES VISIT • www.acc547outlet.com • 1. In 2016, Sayers, who is single, gave an outright gift of $50,000 to a friend, Johnson, who needed the money to pay medical expenses. In filing the 2016 gift tax return, Sayers was entitled to a maximum exclusion of • 2. On July 1, 2016, Vega made a transfer by gift in an amount sufficient to require the filing of a gift tax return. Vega was still alive in 2016.

  3. ACC 547 OUTLET Education Your Life--acc547outlet.com • ACC 547 Week 1 Tax Research Paper • FOR MORE CLASSES VISIT • www.acc547outlet.com • Review two sources that discuss the different types of tax authority (specifically primary and secondary sources). • Createa 700- to 1,050-word (at least meet the minimum words) document that addresses the following: • What are the two different categories of tax research (open and closed transactions)?

  4. ACC 547 OUTLET Education Your Life--acc547outlet.com • ACC 547 Week 2 Getting Personal • FOR MORE CLASSES VISIT • www.acc547outlet.com • Introduction • Gross Income • Above the Line Deductions • Itemize Deductions • Personal Exemptions

  5. ACC 547 OUTLET Education Your Life--acc547outlet.com ACC 547 Week 3 Comprehensive Problem Machines Inc FOR MORE CLASSES VISIT www.acc547outlet.com Comprehensive Problem for Chapters 7 and 8. Sam Johnson started a small machine shop, Machines, Inc., in his garage and incorporated it in March of 2013 as a calendar-year corporation. At that time, he began using his personal computer and tools solely for the business as part of his contribution to the corporation.

  6. ACC 547 OUTLET Education Your Life--acc547outlet.com • ACC 547 Week 4 Jordan and Diana Diego (Score 85%) • FOR MORE CLASSES VISIT • www.acc547outlet.com • Jordan (SSN 150-66-7788) and Diana (SSN 150-67-4321) Diego are a married couple who reside at 111 Coral Drive in Miami, FL 33156. They have one dependent daughter, Emily (SSN 155-88-4321), age 18, who lives at home.

  7. ACC 547 OUTLET Education Your Life--acc547outlet.com • ACC 547 Week 5 Sales and Use Tax • FOR MORE CLASSES VISIT • www.acc547outlet.com • Sales and Use Tax: What is the Solution? • Introduction • Sales and Use Tax Laws • Should There Be a Federal Sales and Use Tax System? • Conclusion

  8. ACC 547 OUTLET Education Your Life--acc547outlet.com • ACC 547 Week 6 Godfreys Assets • FOR MORE CLASSES VISIT • www.acc547outlet.com • When Godfrey died in 2016, his assets were valued as follows: • Asset   Date of death valuation          Valuation six months later • Stocks $2,220,000      $2,180,000 • Bonds  4,600,000        4,620,000 • Home  800,000           780,000 • Total    $7,620,000      $7,580,000

  9. ACC 547 OUTLET Education Your Life--acc547outlet.com

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