Master the latest tax law and recent changes impacting corporations, partnerships, estates and trusts and financial statements with SOUTH-WESTERN FEDERAL TAXATION 2022: CORPORATIONS, PARTNERSHIPS, ESTATES & TRUSTS, 45E and accompanying professional tax software. This reader-friendly presentation emphasizes the most recent tax changes and 2021 developments with coverage of the Tax Cuts and Jobs Act of 2017 and related guidance from the treasury department. Recent examples, updated summaries and current tax scenarios clarify concepts and help sharpen critical-thinking, writing and research skills, while sample questions from Becker C.P.A. Review help you study. Each new book includes access to Intuit ProConnect tax software and Checkpoint (Student Edition) from Thomson Reuters as well as CengageNOWv2 online homework tools. Use these resources to prepare for the C.P.A. exam or Enrolled Agent exam or to launch a career in tax accounting, financial reporting or auditing.
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LO.2 Rex, age 55, is an officer of Blue Company, which provides him with the following nondiscriminatory fringe benefits in 2021: • Hospitalization insurance premiums for Rex and his dependents. The cost of the coverage for Rex is ...
Duffy held the stock for 40 days in year 2 before selling the entire 50% interest to an unrelated third party. Duffy's basis for the stock was $10,000. Duffy was a full-time employee of Fox until the stock was sold.
James C. Young, Annette Nellen, William A. Raabe, William H. Hoffman, David M. Maloney ... 29,000 8,700 9,500 3,600 2,500 After all necessary adjustments are made , what is the amount of itemized deductions Evan may claim ?
... rate 21.0% 2.7 (12.5) 6.0 17.2% — (7.8) 17.1% Compare and contrast the effective tax rates of these two companies. 10. LO.6, 7 In the current year, Dickinson, Inc., reports an effective tax rate of 36%, Ethics and Equity and Badger, ...
LO5 Fala is the sole shareholder of Campbell, Inc. During the current year, Campbell sells Fala land that has a fair market value of $40,000 for $28,000. Campbell had paid $30,000 for the land. What are the tax effects of the sale for ...
This 2014 edition reflects the very latest tax legislation, as of publication. Online updates become available as soon as relevant tax law changes take effect to ensure you remain ahead with today's most current coverage.
William A. Raabe, Ph.D., CPA, was the Wisconsin Distinguished Professor of Taxation. He taught at Ohio State, Arizona State, the Capital University (OH) Law School, and the Universities of Wisconsin – Milwaukee and Whitewater.
You can even use this edition to prepare for the C.P.A. exam or Enrolled Agent exam or begin study for a career in tax accounting, financial reporting or auditing.