ACC 455 TUTORS REAL EDUCATION/acc455tutors.com

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ACC 455 TUTORS REAL EDUCATION/acc455tutors.com
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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Entire Course
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• ACC 455 Week 1 Individual assignment Tax Return
  Position Paper
• ACC 455 Week 1 DQ 1
• ACC 455 Week 1 DQ 2

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 1 DQ 1
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Do the following decisions have the same
  precedential value (1) Tax Court regular
  decisions, (2) Tax Court memo decisions (3)
  decisions under the small cases procedure of the
  Tax Court? Why?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 1 DQ 2
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What constitutes substantial authority for a
  position taken on a tax return? What options do
  you have if substantial authority is lacking?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 1 DQ 3
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What business entities are available for a new
  business? What are the tax and nontax advantages
  of each form? Select two business types and
  provide an example of when that selection is most
  appropriate from a tax perspective and from

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 1 Individual assignment Tax Return
  Position Paper
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Suppose you have a concern about taking a
  particular position on a tax return.

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 2 DQ 1
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What are the alternative tax years available to a
  corporation? What factors should be considered in
  electing the tax year?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 2 DQ 2
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What methods of accounting are available to a
  small business and to a large business? If the
  business decides to make an accounting methods
  change, how is this accomplished?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 2 DQ 3
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What are the requirements for the following
  deductions U.S. production activity deduction,
  dividend received deduction, and net operating
  loss? Discuss any recent legislative changes.

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 2 DQ 4
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What is the legislative intent behind the
  corporate alternative minimum tax (AMT)? Define
  tax preference items, AMT adjustment, and minimum
  tax credit.

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 2 Individual Assignment Problem Set
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Complete the problems found in Ch. 2 of Prentice
  Halls Federal Taxation 2010 Corporations

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 2 Team Assignment Outline for Week 3
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Please Provide a brief outline of how the team
  will be setting up the team problem in week 3.
  Please indicate who will be responsible for each
  section and a timeline to complete

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 3 DQ 1
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• How does a corporation compute earnings and
  profits (EP)? What income is deferred to a later
  year when computing taxable income but is
  included in EP in the current year? What
  deductions are allowed for taxable income
  purposes but denied for EP?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 3 DQ 2
• FOR MORE CLASSES VISIT
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• Distinguish between current and accumulated
  earnings and profits. Why is it important to make
  this distinction?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 3 DQ 3
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What is a stock redemption? What are some reasons
  for redeeming stock? Why are some redemptions
  treated as sales and others as dividends?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 3 Team Assignment Problem Set
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Complete the problems found in Ch. 3 5 of
  Prentice Halls Federal Taxation 2010
  Corporations with your Learning Team.

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 4 DQ 1
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Sue and Bill plan to open an accounting firm and
  expect to work full time in the firm. They expect
  to incur a small loss during their first year of
  operation and expect to be profitable after the
  first year. What are the tax law requirements for
  structuring

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 4 DQ 2
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Bob and Dave plan to start a business. Bob will
  contribute land and Dave will contribute
  services. Would you recommend this business be
  formed as a partnership or as an S corporation?
  Why?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 4 DQ 3
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What are separately stated items on a K-1? Why is
  it necessary to separate these items from
  ordinary income?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 4 DQ 4
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What is the difference between a distribution and
  a distributive share? How do these affect the
  owners K-1 and individual taxes?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 4 Individual Assignment Problem Set
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Complete the problems found in Ch. 4 6 of
  Prentice Halls Federal Taxation 2010
  Corporations.

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 4 Team Assignment Outline for Week 5
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Please Provide a brief outline of how the team
  will be setting up the team problem in week 5.
  Please indicate who will be responsible for each
  section and a timeline to complete

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 5 DQ 1
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What is a liquidating distribution? What is a
  nonliquidating distribution? Provide an example
  of each.

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 5 DQ 2
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What is an inadvertent termination of an S
  election? How does an S corporation and its
  shareholders rectify an inadvertent termination?
  What could happen if a company fails to rectify
  the termination?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 5 DQ 3
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• What events will cause an S election to
  terminate? What would you recommend S
  corporations do to plan for an orderly
  termination of an S election?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 5 DQ 4
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• A C corporation has incurred substantial losses
  and the owners have decided to close the
  business. What considerations should the owners
  make in this termination? Should they consider
  making an S election and then later, terminating
  the S corporation? If you were their tax advisor,
  what would you recommend?

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ACC 455 TUTORS REAL EDUCATION

• ACC 455 Week 5 Team Assignment Problem Set
• FOR MORE CLASSES VISIT
• www.acc455tutors.com
• Complete the problems found in Ch. 9, 10, 11 of
  Federal Taxation 2010 Corporations with your
  Learning Team.

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ACC 455 TUTORS REAL EDUCATION