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Nicole Peck
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Decks in this class (35)
Chapter 1 Section 1-2: Filing Status and Exemptions
What is the difference between an...,
What does an extension request ex...,
What date decides your filing status
18
cards
Chapter 1 Section 3: Gross Income
What can passive losses offset,
What creates capital gains or losses,
What value do you record property at
44
cards
Chapter 1 Section 4: Employee Stock Options
When is a nonqualified option taxed,
When does the employer deduct a n...,
What are the types of qualified o...
5
cards
Chapter 2 Section 1: Adjustments and Itemized Deductions
How do self employment fica self ...,
What are deductions to arrive at ...,
What amount can be deducted for e...
85
cards
Chapter 2 Section 2: Tax Calculations and Credits
Can personal tax credits give you...,
What is the child and dependent c...,
What is the credit for the elderl...
16
cards
Chapter 2 Section 3: Other Taxes
What is the formula for amt,
What is the formula for the exemp...,
What are the adjustments and item...
6
cards
Chapter 2 Section 4: Other Items
What is the statute of limitation...,
What is the statute of limitation...,
What is the statute of limitation...
7
cards
Chapter 2 Section 5: Tax Standards and Research
What is the hierarchy of the main...,
What are the 7 topics for the aic...,
Explain tax return positions rule
9
cards
Chapter 3 Section 1: C Corporations
What is the only entity whose ear...,
Does the corporation recognize ga...,
At what basis does the corporatio...
79
cards
Chapter 3 Section 2: Small Business Corporations (S Corps)
What is the general effect of s c...,
Who are eligible shareholders,
What is the shareholder limit
17
cards
Chapter 3 Section 3: Exempt Organizations
What is the most common type of e...,
What can a 501 c 3 not do,
What is a 509 private foundation
8
cards
Chapter 3 Section 4: Multi-Jurisdictional Tax Issues in Federal Taxation
Define controlled taxpayer,
Defined controlled transaction,
Define uncontrolled comparable
5
cards
Chapter 4 Section 1: Property Taxation
Define real property,
Define personal property,
Define capital assets
53
cards
Chapter 4 Section 2: Partnership Taxation
In general is the formation of a ...,
What do your liabilities assumed ...,
Whats the holding period for asse...
21
cards
Chapter 4 Section 3: LLC Taxation
Are llc members personally liable...,
How can an llc be taxed,
Define a disregarded entity
3
cards
Chapter 4 Section 4: Estate, Trust, and Gift Taxation
What taxes are estates subject to,
What is the unified estate and gi...,
Define distributable net income dni
32
cards
Chapter 5 Section 1: Ethics and Professional Responsibilities in Tax Services
Who falls under the authority of ...,
What are the four primary authori...,
Are irs publications a primary au...
56
cards
Chapter 5 Section 2: Sarbanes-Oxley Act of 2002
How many members are on the pcaob...,
Who oversees the pcaob,
What are the three duties of the ...
20
cards
Chapter 5 Section 3: Federal, Legislative, and Judicial Processes; the IRS; and Taxpayer Penalties
What is the federal legislative p...,
What is the discriminant inventor...,
Who is more frequently subject to...
31
cards
Chapter 5 Section 4: CPA Legal Liability
What are the three ways cpa legal...,
Who can sue for breach of contract,
Do you get paid if your breach of...
15
cards
Chapter 5 Section 5: Securities Regulation
What does the 1933 act regulate 1934,
Are cds or general partnership in...,
What is a prospectus
32
cards
Chapter 6 Section 1: Contracts
Define contract,
Define express contract,
Define implied in fact contract
67
cards
Chapter 6 Section 2: Sales
Define goods,
Define merchant,
What obligation is imposed on eve...
32
cards
Chapter 6 Section 3: Copyrights and Patents
What is the life of a copyright,
What are the rights under a copyr...,
What are the exceptions to copyri...
8
cards
Chapter 7 Section 1: Commercial Paper
Why were commercial paper laws cr...,
What is a note,
What is a certificate of deposit
44
cards
Chapter 7 Section 2: Secured Transactions
What is a secured transaction,
What is a security interest,
When is a security interest effec...
30
cards
Chapter 7 Section 3: Bankruptcy
What are the most important types...,
What is chapter 7,
Who can fall under chapter 7
43
cards
Chapter 8 Section 1: Suretyship and Creditors' Rights
Define surety,
Who are the three parties in a su...,
What is the primary difference be...
30
cards
Chapter 8 Section 2: Agency
Define agency,
In an agency relationship which p...,
Under what circumstance is an age...
23
cards
Chapter 8 Section 3: Business Structures
What goes into the formation of a...,
What liability does a general par...,
Who can manage a general partnership
69
cards
Chapter 8 Section 4: Employer-Employee Law
What does fica do what is it,
Who must participate in fica,
Who pays for fica
38
cards
Chapter 8 Section 5: Money Laundering
Define money laundering,
What are the three steps to money...,
What is the bank secrecy act
11
cards
Chapter 8 Section 6: Antitrust Law
What do antitrust laws do,
What is the sherman act,
What is the rule of reason test i...
30
cards
Chapter 8 Section 7: Documents of Title
What does article 7 govern,
What do warehouse receipts represent,
What do bills of lading represent
13
cards
Chapter 8 Section 8: Dodd-Frank Act of 2010
What is the dodd frank act,
What does title 1 of the dodd fra...,
What does the fsoc do
10
cards
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cpa: reg
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