AC 309 Unit 4 Chapter Problems Park University | Page 2

3 . LO . 1 Mason performs services for Isabella . In determining whether Mason is an employee or an independent contractor , comment on the relevance of each of the factors listed below .
a . Mason performs services only for Isabella and does not work for anyone else .
9 . LO . 2 In 2012 , Emma purchased an automobile , which she uses for both business and personal purposes . Although Emma does not keep records as to operating expenses ( e . g ., gas , oil , and repairs ), she can prove the percentage of business use and the miles driven each year . In March 2014 , Emma seeks your advice as to what income tax benefit , if any , she can derive from the use of her automobile . What would you suggest ?
15 . LO . 3 Rick is scheduled to go to London on business and would like to do some sightseeing while there . A colleague advises him that to maximize his deductible expenses , he should plan the business and personal portions of the trip carefully to make effective use of weekends and holidays . What is meant by this advice ?
27 . LO . 10 Comment on the deductibility of each of the following items :
28 . LO . 2 , 3 . During the year , Olivia holds two jobs . After an eight-hour day at the first job , she works three hours at the second job . On Fridays of each week , she returns home for dinner before going to the second job . On the other days ( Monday through Thursday ), she goes directly from the first job to the second job , stopping along the way for a meal . The mileage involved is as follows :
Home to first job 15
First job to second job 18
Home to second job 20