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================================================== ACCT 553 Week 4 Homework
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Chapter 14 1 . Please describe the concept of " double taxation " and discuss which entity ( ies ) are subject to this type of taxation . ( 5 pts ) 2 . What type of taxpayers are considered " eligible " taxpayers with regard to special ordinary loss treatment of IRC Section 1244 stock ? ( 5 pts .) 3 . Please describe how the treatment of capital gains ( losses ) differ for a C Corporation as compared to an Individual . ( 5 pts .) 4 . Please describe the concept of " Depreciation recapture ". ( 5 pts .) ================================================== ACCT 553 Week 5 Homework
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Jane Smith Case How is the $ 300,000 treated for purposes of federal tax income ? Jane Smith Tax Issues :
( a ) What are the different tax consequences between paying down the mortgage debt and assuming a new mortgage debt for federal income tax purposes ?
( b ) Should John and Jane file separate or joint tax returns ?

================================================== ACCT 553 Week 4 Homework

For more course tutorials visit www . uophelp . com

Chapter 14 1 . Please describe the concept of " double taxation " and discuss which entity ( ies ) are subject to this type of taxation . ( 5 pts ) 2 . What type of taxpayers are considered " eligible " taxpayers with regard to special ordinary loss treatment of IRC Section 1244 stock ? ( 5 pts .) 3 . Please describe how the treatment of capital gains ( losses ) differ for a C Corporation as compared to an Individual . ( 5 pts .) 4 . Please describe the concept of " Depreciation recapture ". ( 5 pts .) ================================================== ACCT 553 Week 5 Homework

For more course tutorials visit