ACC 455 CART The learning interface/acc455cartdotcom

1

• ACC 455 CART The learning interface/acc455cartdotc
  om

2
ACC 455 CART The learning interface
ACC 455 Entire Course FOR MORE CLASSES VISIT
www.acc455cart.com ACC 455 Week 1 Individual
assignment Tax Return Position Paper ACC 455 Week
1 DQ 1 ACC 455 Week 1 DQ 2 ACC 455 Week 1 DQ
3 ACC 455 Week 2 Individual Assignment Problem
Set ACC 455 Week 2 Team Assignment Outline for
Week 3 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 3 Team Assignment Problem Set ACC 455 Week 3
DQ 1 ACC 455 Week 3 DQ 2 ACC 455 Week 3 DQ 3
3
ACC 455 CART The learning interface
ACC 455 Week 1 DQ 1 FOR MORE CLASSES VISIT
www.acc455cart.com 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?
4
ACC 455 CART The learning interface
ACC 455 Week 1 DQ 2 FOR MORE CLASSES VISIT
www.acc455cart.com hat constitutes substantial
authority for a position taken on a tax return?
What options do you have if substantial authority
is lacking?
5
ACC 455 CART The learning interface
ACC 455 Week 1 DQ 3 FOR MORE CLASSES VISIT
www.acc455cart.com 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.
6
ACC 455 CART The learning interface
ACC 455 Week 1 Individual assignment Tax Return
Position Paper FOR MORE CLASSES VISIT
www.acc455cart.com 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.
7
ACC 455 CART The learning interface
ACC 455 Week 2 DQ 1 FOR MORE CLASSES VISIT
www.acc455cart.com What are the alternative tax
years available to a corporation? What factors
should be considered in electing the tax year?
8
ACC 455 CART The learning interface
ACC 455 Week 2 DQ 2 FOR MORE CLASSES VISIT
www.acc455cart.com 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?
9
ACC 455 CART The learning interface
ACC 455 Week 2 DQ 3 FOR MORE CLASSES VISIT
www.acc455cart.com 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.
10
ACC 455 CART The learning interface
ACC 455 Week 2 DQ 4 FOR MORE CLASSES VISIT
www.acc455cart.com What is the legislative
intent behind the corporate alternative minimum
tax (AMT)? Define tax preference items, AMT
adjustment, and minimum tax credit.
11
ACC 455 CART The learning interface
ACC 455 Week 2 Individual Assignment Problem Set
FOR MORE CLASSES VISIT www.acc455cart.com Complet
e the problems found in Ch. 2 of Prentice Halls
Federal Taxation 2010 Corporations.
C2-6 C2-40 C2-45 Read
the scenario and respond to the
questions. Support your answers with
calculations, as needed. Show your work. Submit
your completed assignment as a Microsoft
Excel, a Microsoft Word, or a PDF document.
12
ACC 455 CART The learning interface
ACC 455 Week 2 Team Assignment Outline for Week
3 FOR MORE CLASSES VISIT www.acc455cart.com Plea
se 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
13
ACC 455 CART The learning interface
ACC 455 Week 3 DQ 1 FOR MORE CLASSES VISIT
www.acc455cart.com How does a corporation
compute earnings and profits (EP)? What income
is deferred to a later year when computing
taxable income but is included in EP in the
current year? What deductions are allowed for
taxable income purposes but denied for EP?
14
ACC 455 CART The learning interface
ACC 455 Week 3 DQ 2 FOR MORE CLASSES VISIT
www.acc455cart.com Distinguish between current
and accumulated earnings and profits. Why is it
important to make this distinction?
15
ACC 455 CART The learning interface
ACC 455 Week 3 DQ 3 FOR MORE CLASSES VISIT
www.acc455cart.com What is a stock redemption?
What are some reasons for redeeming stock? Why
are some redemptions treated as sales and others
as dividends?
16
ACC 455 CART The learning interface
ACC 455 Week 3 Team Assignment Problem Set FOR
MORE CLASSES VISIT www.acc455cart.com Complete
the problems found in Ch. 3 5 of Prentice
Halls Federal Taxation 2010 Corporations with
your Learning Team. C3-8 Discussion
Question C5-10 Discussion Question
C3-35 Problem C3-38
Problem Read the scenario and respond to the
questions. Support your answers with
calculations, as needed. Show your work. Submit
your completed assignment as a Microsoft
Excel, a Microsoft Word, or a PDF document.
17
ACC 455 CART The learning interface
ACC 455 Week 4 DQ 1 FOR MORE CLASSES VISIT
www.acc455cart.com 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?
18
ACC 455 CART The learning interface
ACC 455 Week 4 DQ 2 FOR MORE CLASSES VISIT
www.acc455cart.com 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?
19
ACC 455 CART The learning interface
ACC 455 Week 4 DQ 3 FOR MORE CLASSES VISIT
www.acc455cart.com What are separately stated
items on a K-1? Why is it necessary to separate
these items from ordinary income?
20
ACC 455 CART The learning interface
ACC 455 Week 4 DQ 4 FOR MORE CLASSES VISIT
www.acc455cart.com What is the difference
between a distribution and a distributive share?
How do these affect the owners K-1 and
individual taxes?
21
ACC 455 CART The learning interface
ACC 455 Week 4 Individual Assignment Problem Set
FOR MORE CLASSES VISIT www.acc455cart.com Complet
e the problems found in Ch. 4 6 of Prentice
Halls Federal Taxation 2010 Corporations.
C6-8 Discussion Question C4-34
Problem C4-36 Problem Read the
scenario and respond to the questions. Support
your answers with calculations, as needed. Show
your work. Submit your completed assignment as a
Microsoft Excel, a Microsoft Word, or a PDF
document.
22
ACC 455 CART The learning interface
ACC 455 Week 4 Team Assignment Outline for Week
5 FOR MORE CLASSES VISIT www.acc455cart.com Plea
se Provide a brief outline of how the team will
be setting up the team problem in week 5. Please
indicate who will be responsible for each section
and a timeline to complete
23
ACC 455 CART The learning interface
ACC 455 Week 5 DQ 1 FOR MORE CLASSES VISIT
www.acc455cart.com What is a liquidating
distribution? What is a nonliquidating
distribution? Provide an example of each.
24
ACC 455 CART The learning interface
ACC 455 Week 5 DQ 2 FOR MORE CLASSES VISIT
www.acc455cart.com 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?
25
ACC 455 CART The learning interface
ACC 455 Week 5 DQ 3 FOR MORE CLASSES VISIT
www.acc455cart.com What events will cause an S
election to terminate? What would you recommend S
corporations do to plan for an orderly
termination of an S election?
26
ACC 455 CART The learning interface
ACC 455 Week 5 DQ 4 FOR MORE CLASSES VISIT
www.acc455cart.com 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?
27
ACC 455 CART The learning interface
ACC 455 Week 5 Team Assignment Problem Set FOR
MORE CLASSES VISIT www.acc455cart.com Complete
the problems found in Ch. 9, 10, 11 of Federal
Taxation 2010 Corporations with your Learning
Team. C9-35 Problem C11-45
Problem C10-4 Discussion Question (Ch.
10) C11-47 Problem ) Read the
scenario and respond to the questions. Support
your answers with calculations, as needed. Show
your work. Submit your completed assignment as a
Microsoft Excel, a Microsoft Word, or a PDF
document.
28
ACC 455 CART The learning interface