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ACC 455 Students Guide / tutorialrank.com
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ACC 455 Students Guide / tutorialrank.com

• ACC 455 Entire Course (UOP Course)

• ACC 455 Week 1 DQ 1 (UOP Course)

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• ACC 455 Week 1 Individual assignment Tax Return
  Position Paper (UOP Course)
• ACC 455 Week 1 DQ 1 (UOP Course)
• ACC 455 Week 1 DQ 2 (UOP Course)

•        
• 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? Which of the following sources do
  you

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ACC 455 Students Guide / tutorialrank.com

• ACC 455 Week 1 DQ 2 (UOP Course)

• ACC 455 Week 1 DQ 3 (UOP Course)

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• 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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• 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 a
  nontax perspective
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ACC 455 Students Guide / tutorialrank.com

• ACC 455 Week 2 DQ 3 (UOP Course)

• ACC 455 Week 2 DQ 4 (UOP Course)

•           
• 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.

•             
• 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 Students Guide / tutorialrank.com

• ACC 455 Week 2 DQ 3 (UOP Course)

• ACC 455 Week 2 Individual Assignment Problem Set
  (UOP Course)

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• 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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• Complete the problems found in Ch. 2 of Prentice
  Halls Federal Taxation 2010 Corporations.

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ACC 455 Students Guide / tutorialrank.com

• ACC 455 Week 2 Team Assignment Outline for Week 3
  (UOP Course)

• ACC 455 Week 3 DQ 1 (UOP Course)

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• 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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• How does a corporation compute earnings and
  profits (EP)?

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ACC 455 Students Guide / tutorialrank.com

• ACC 455 Week 3 DQ 2 (UOP Course)

• ACC 455 Week 3 DQ 3 (UOP Course)

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• Distinguish between current and accumulated
  earnings and profits. Why is it important to make
  this distinction?
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• 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 Students Guide / tutorialrank.com

• ACC 455 Week 3 Team Assignment Problem Set (UOP
  Course)

• ACC 455 Week 4 DQ 1 (UOP Course)

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•      
• Complete the problems found in Ch. 3 5 of
  Prentice Halls Federal Taxation 2010
  Corporations with your Learning Team.

•    
• 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

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ACC 455 Students Guide / tutorialrank.com

• ACC 455 Week 4 DQ 2 (UOP Course)

• ACC 455 Week 4 DQ 3 (UOP Course)

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• 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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• 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 Students Guide / tutorialrank.com

• ACC 455 Week 5 DQ 2 (UOP Course)

• ACC 455 Week 5 DQ 4 (UOP Course)

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• 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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• 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

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ACC 455 Students Guide / tutorialrank.com
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