ACC 455 UOP Homework,ACC 455 UOP Tutorial,ACC 455 UOP Assignment Flashcards

1
Q

ACC 455 Week 4 Team Assignment Outline for Week 5

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ACC 455 Week 4 Team Assignment Outline for Week 5
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ACC 455 Week 5 Learning Team Assignment Problem Set

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ACC 455 Week 5 Learning Team Assignment Problem Set
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Complete the problems found in Ch. 9, 10, & 11 of Federal Taxation 2010: Corporations with your Learning Team.

C:9-35 Problem

C:11-45 Problem

C:10-4 Discussion Question (Ch. 10)

C:11-47 Problem ­­–)

Read the scenario and respond to the questions.

Support your answers with calculations, as needed.

Show your work.

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3
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ACC 455 Week 5 DQ 4

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ACC 455 Week 5 DQ 4
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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 corporation? If you were their tax advisor, what would you recommend?

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4
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ACC 455 Week 5 DQ 3

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ACC 455 Week 5 DQ 3
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What events will cause an S election to terminate? What would you recommend S corporations do to plan for an orderly termination of an Selection?

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5
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ACC 455 Week 5 DQ 2

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ACC 455 Week 5 DQ 2
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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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6
Q

ACC 455 Week 5 DQ 1

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ACC 455 Week 5 DQ 1
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What is a liquidating distribution? What is a nonliquidating distribution? Provide an example of each.

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7
Q

ACC 455 Week 4 Individual Assignment Problem Set

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ACC 455 Week 4 Individual Assignment Problem Set
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Complete the problems found in Ch. 4 & 6 of Prentice Hall’s Federal Taxation 2010: Corporations.

C:6-8 Discussion Question

C:4-34 Problem

C:4-36 Problem

Read the scenario and respond to the questions.

Support your answers with calculations, as needed.

Show your work.

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8
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ACC 455 Week 4 DQ 4

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ACC 455 Week 4 DQ 4
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What is the difference between a distribution and a distributive share? How do these affect the owner’s K-1 and individual taxes?

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9
Q

ACC 455 Week 4 DQ 3

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ACC 455 Week 4 DQ 3
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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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10
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ACC 455 Week 4 DQ 2

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ACC 455 Week 4 DQ 2
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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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11
Q

ACC 455 Week 4 DQ 1

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ACC 455 Week 4 DQ 1
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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 the business as a partnership or an S corporation? Which would you recommend and why?

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12
Q

ACC 455 Week 2 Team Assignment Outline For Week 3

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ACC 455 Week 2 Team Assignment Outline For Week 3
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ACC 455 Week 2 Team Assignment Outline for Week 3

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13
Q

ACC 455 Week 3 Learning Team Assignment Problem Set

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ACC 455 Week 3 Learning Team Assignment Problem Set
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Complete the problems found in Ch. 3 & 5 of Prentice Hall’s Federal Taxation 2010: Corporations with your Learning Team.

C:3-8 Discussion Question

C:5-10 Discussion Question

C:3-35 Problem

C:3-38 Problem

Read the scenario and respond to the questions.

Support your answers with calculations, as needed.

Show your work.

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14
Q

ACC 455 Week 3 DQ 3

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ACC 455 Week 3 DQ 3
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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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15
Q

ACC 455 Week 3 DQ 2

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

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16
Q

ACC 455 Week 3 DQ 1

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ACC 455 Week 3 DQ 1
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How does a corporation compute earnings and profits (E&P)? What income is deferred to a later year when computing taxable income but is included in E&P in the current year? What deductions are allowed for taxable income purposes but denied for E&P?

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17
Q

ACC 455 Week 2 Individual Assignment Problem Set

A

ACC 455 Week 2 Individual Assignment Problem Set
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Complete the problems found in Ch. 2 of Prentice Hall’s Federal Taxation 2010: Corporations.

C:2-6

C:2-40

C:2-45

Read the scenario and respond to the questions.

Support your answers with calculations, as needed.

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18
Q

ACC 455 Week 2 DQ 4

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ACC 455 Week 2 DQ 4
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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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19
Q

ACC 455 Week 2 DQ 3

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ACC 455 Week 2 DQ 3
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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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20
Q

ACC 455 Week 2 DQ 2

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ACC 455 Week 2 DQ 2
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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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21
Q

ACC 455 Week 2 DQ 1

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ACC 455 Week 2 DQ 1
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What are the alternative tax years available to a corporation? What factors should be considered in electing the tax year?

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22
Q

ACC 455 Week 1 Individual Assignment Tax Return Position Paper

A

ACC 455 Week 1 Individual Assignment Tax Return Position Paper
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Suppose you have a concern about taking a particular position on a tax return.

Write a 700-word paper that discusses the following:

What are the primary sources of tax law?

What are the secondary sources of tax law?

What is substantial authority?

What is the role of the courts and the Internal Revenue Service in interpreting and applying the sources of tax law?

Format your paper consistent with APA guidelines.

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23
Q

ACC 455 Week 1 DQ 3

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ACC 455 Week 1 DQ 3
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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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24
Q

ACC 455 Week 1 DQ 2

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ACC 455 Week 1 DQ 2
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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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25
Q

ACC 455 Week 1 DQ 1

A

ACC 455 Week 1 DQ 1
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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 think would be most beneficial for your client: (1) Tax Court regular decisions, (2) Tax Court memo decisions, (3) decisions under the small cases procedure of the Tax Court, or (4) Fifth Circuit Court of Appeals?

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26
Q

ACC 455 Complete Course

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ACC 455 Complete Course
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ACC 455 Week 1 DQ 1

ACC 455 Week 1 DQ 2

ACC 455 Week 1 DQ 3

ACC 455 Week 1 Individual Assignment Tax Return Position Paper

ACC 455 Week 2 DQ 1

ACC 455 Week 2 DQ 2

ACC 455 Week 2 DQ 3

ACC 455 Week 2 DQ 4

ACC 455 Week 2 Individual Assignment Problem Set

ACC 455 Week 2 Team Assignment Outline for Week 3

ACC 455 Week 3 DQ 1

ACC 455 Week 3 DQ 2

ACC 455 Week 3 DQ 3

ACC 455 Week 3 Learning Team Assignment Problem Set

ACC 455 Week 4 DQ 1

ACC 455 Week 4 DQ 2

ACC 455 Week 4 DQ 3

ACC 455 Week 4 DQ 4

ACC 455 Week 4 Individual Assignment Problem Set

ACC 455 Week 4 Team Assignment Outline for Week 5

ACC 455 Week 5 DQ 1

ACC 455 Week 5 DQ 2

ACC 455 Week 5 DQ 3

ACC 455 Week 5 DQ 4

ACC 455 Week 5 Learning Team Assignment Problem Set

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