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Decks in this class (38)
Key Facts and Figures
Personal exemption amount per person,
Personal exemption phaseout,
Personal exemption single phaseou...
101
cards
Key Ratios
Monthly payment on all debt,
Monthly mortgage payment principa...,
Consumer debt payment
3
cards
GPFP - 1
Egadim
1
cards
GPFP - 2
0
cards
GPFP - 3
0
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GPFP - 4
Taxpayers who need to move due to...,
If married taxpayers own their ho...,
In addition to the regular capita...
4
cards
GPFP - 5
Sipc insurance accounts are insur...,
Savings banks and savings and loa...
2
cards
GPFP - 6
The american opportunity tax cred...,
Education in order to qualify the...,
American opportunity tax credit s...
7
cards
GPFP - 7
0
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GPFP - 8
Monetary policy expands the econo...,
Fed tools for monetary policy,
Monetary policy slows the economy by
10
cards
GPFP - 9
If npv calculation is positive th...,
The two time value of money calcu...,
If npv calculation is negative th...
8
cards
GPFP - 10
An investment advisor who is subj...,
Which act requires registration w...,
A security includes almost any ty...
28
cards
GPFP - 11
A person who possesses a negotiab...,
Elements for a valid contract,
Authority of agent
4
cards
GPFP - 12
Involuntary petition for bankrupt...,
Bankruptcy filings they remain on...,
___ of the bankruptcy act provide...
17
cards
Retirement – 44
442 three phases of retirement,
442 retirement planning phase cap...,
442 retirement planning phase cli...
12
cards
Retirement – 45
451 oasdi stands for,
452 workers covered by oasdi,
452 workers not covered by oasdi
66
cards
Retirement - 46: Qualified & Nonqualified Plans Compared
Discrimination allowed,
Discrimination prohibited,
Erisa rules generally apply
18
cards
Retirement - 46: Profit-Sharing vs Pension
401 k,
Profit sharing,
Simple 401 k
13
cards
Retirement - 46: Qualified Plan Category (Defined-Contribution vs Defined-Benefit)
401 k plan,
Profit sharing plan,
Simple 401 k plan
13
cards
Retirement - 46: Defined Contribution & Defined-Benefit Plan Characteristics
The plan document specifies the e...,
The plan document specifies emplo...,
Employers deductible contribution...
26
cards
Retirement – 46
462 qualified retirement plans mu...,
462 retirement plans that are not...,
462 tax deferred annuities also c...
112
cards
Retirement – 47
473 eligibility for qualified plans,
473 eligibility for sep plans,
473 eligibility for simple ira
76
cards
Retirement – 48
Name retirement plan part time an...,
Name retirement plan all full tim...,
Anyone with earned income but ded...
67
cards
Incentive Compensation Plans
Name incentive compensation plan ...,
Name incentive compensation plan ...,
Name incentive compensation plan ...
15
cards
ITX - 32
Which branch passes laws,
The three branches of government,
Which branch enforces the laws
13
cards
ITX - 33
Personal exemption amount per person,
You must file a tax return for an...,
Federal tax filing date individua...
42
cards
ITX - 34
Joint status can be used by a wid...,
Married filing jointly requires c...,
To file as a single taxpayer a cl...
118
cards
ITX - 35A
Business form owners liability un...,
Business form owners liability un...,
Business form owners liability li...
45
cards
ITX - 35B
Entity advantage dividends and ca...,
Entity advantage income taxed at ...,
Entity advantage exclusion for 70...
49
cards
ITX - 36
Trusts are created when a ___ tra...,
Trusts and estates must file a re...,
When must a trust file a tax return
37
cards
ITX - 37
Typical recovery periods for asse...,
Typical recovery periods for asse...,
Typical recovery periods for asse...
60
cards
ITX - 38
382 capital assets are all of a t...,
382 holding period long term asse...,
382 holding period short term ass...
100
cards
ITX - 39
391 the amt is a separate method ...,
391 the amt is computed after the...,
391 to compute the amti a taxpaye...
49
cards
ITX - 40
404 isos ___ income as well as re...,
404 isos are not ordinary income ...,
404 isos can only be owned by sha...
12
cards
ITX - 41
411 the __ rules allow a taxpayer...,
411 for activities that involve h...,
411 once a loss qualifies for rec...
35
cards
ITX - 42
421 dependency exemptions social ...,
421 dependency exemptions for a r...,
421 dependency exemptions childre...
26
cards
ITX - 43A
431 charitable contributions will...,
431 only gifts to ___ organizatio...,
431 examples of private charities
29
cards
ITX - 43B
Taxed as rate life insurance divi...,
Taxed as rate qualified dividends,
Taxed as rate money market mutual...
37
cards
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