Questions from General Taxation

Q: Using the facts of Problem 15, determine the 2015 end-

Using the facts of Problem 15, determine the 2015 end-of-year balance in Mini’s deferred tax asset and deferred tax liability balance sheet accounts.

Q: Discuss with respect to the Federal policy for reducing poverty:

Discuss with respect to the Federal policy for reducing poverty: a. The individual income tax. b. The Social Security tax.

Q: “How I Would Apply Federal Income Tax Law to Encourage

“How I Would Apply Federal Income Tax Law to Encourage the Availability of Universal Broadband in This Community” to submit to your economics professor.

Q: Prepare an outline for a 10-minute speech to give to

Prepare an outline for a 10-minute speech to give to your government class. The speech is titled “If You Don’t Pay Federal Taxes, You Can’t Vote.”

Q: When taxes are “too high,” taxpayers start to cheat on

When taxes are “too high,” taxpayers start to cheat on their taxes and dangerous consequences can result. Evaluate this statement. Give at least two examples to illustrate your conclusions.

Q: Some tax rules can be justified on multiple grounds (e.

Some tax rules can be justified on multiple grounds (e.g., economic or social). In this connection, comment on the possible justification for the rules governing the following. a. Pension plans. b. Ed...

Q: The Irontown Independent School District wants to sell a parcel of unimproved

The Irontown Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: from the State Department of Public Safety (DPS), $4.3 m...

Q: Eileen, a resident of Wyoming, goes to Montana to purchase

Eileen, a resident of Wyoming, goes to Montana to purchase her new automobile. She does this because Wyoming imposes a sales tax while Montana does not. Has Eileen successfully avoided the Wyoming sal...

Q: Locate the following Regulations, and give a brief topical description of

Locate the following Regulations, and give a brief topical description of each. Summarize your comments in an e-mail to your instructor. a. Reg. § 1.170A–4A(b)(2)(ii)(C). b. Reg. § 1.672(b)–1. c. Reg....

Q: Several years ago, Ethan purchased the former parsonage of St.

Several years ago, Ethan purchased the former parsonage of St. James Church to use as a personal residence. To date, Ethan has not received any ad valorem property tax bills from either the city or th...