Entries by Student

write my assignment 27633

15.     A qualified revocable trust

a.        is limited to a calendar income tax year.

b.       must be distributed 100% to a charitable beneficiary upon the death of the grantor.

c.        can be treated as an estate with respect to income tax return filing if the proper election is made.

d.       is not subject to Subchapter J.

16.     Bunching of estate/trust income on a beneficiary’s 1040

a.        is not possible.

b.       may occur in year of estate/trust termination.

c.        entitles the beneficiary to a refundable tax credit.

d.       will support a beneficiary’s claim for malpractice against the fiduciary.

17.     Net operating loss and capital loss pass throughs in the year of entity termination

a.        will not be useful to beneficiaries unless they itemize deductions on their income tax returns.

b.       cannot be used by married beneficiaries who file separate rather than joint 1040s.

c.        will be useful to beneficiaries even if they do not itemize deductions.

d.       can only be used by beneficiaries who are engaged in operating closely held businesses  or have capital gains.

18.     In year 1 the estate has $4,000 of DNI and the personal representative pays an attorney’s fee of $6,000. The estate terminates in year 2.

a.      The estate’s sole residuary beneficiary is entitled to an excess deduction  in year 2.

b.      The estate’s sole residuary beneficiary is not entitled to an excess deduction in year 2.

c.      Estate income tax deductions in excess of DNI will always be wasted to the extent of the excess.

d.      Estate income tax deductions in excess of DNI can be carried back 5 years and carried forward 2 years to the extent of the excess.

19.     Decedent at death owned 400 shares of xyz having a value as reported on the NY stock exchange of $800 and for which he had paid $300.A federal estate tax was not required for the decedent’s estate. The estate sells the 400 shares of XYZ Corporation for $500.

a.        the estate recognizes neither capital gain nor loss on the sale.

b.       the estate recognizes a short term capital loss on the sale.

c.        the estate recognizes a long term capital loss of $300 on the sale.

d.       the estate recognizes a short term capital loss of $500 on the sale.

20.     20. The 65 day rule

a.      applies to trusts but not estates.

b.      allows a fiduciary to treat a distribution to a beneficiary made within 65 days of the end of the preceding tax year as having been made on the last day of the preceding tax year.

c.      allows a fiduciary to amend, without penalty, a previously filed form 1041 provided the amendment is filed within 65 days of the filing of the form 1041.

d.      applies to estates but not trusts.

 

"Not answered?"


Get the Answer

write my assignment 11009

Chapter 12 presented the approach Intuit uses to measure the effectiveness of their ERM, and chapter 15 presented the process the City of Edmonton employed to develop and deploy their ERM. You are an ERM consultant, retained by Intuit to re-implement their ERM. They have decided to start over and develop a new ERM for their current organization. Would you recommend that they base their new ERM on PM2 Risk Scorecard or ISO 31000? Explain why you would choose one over the other from the readings in the textbook. Instructions: A) Post an answer to the Discussion Question (100-word minimum) by creating a thread. This should be done by Sunday night. B) Respond to AT LEAST another student’s answer and post substantive comments on those threads, evaluating the pros and cons of that student’s recommendations. Your comments should extend the conversation started with the thread (also 100-word minimum) by Sunday night. ALL original posts and comments must be substantive (100-word minimum). Include at least one reference in your answer to the question. Your reference(s) should be APA compliant.

 

"Not answered?"


Get the Answer

write my assignment 16800

Hi,

I have an assignment

Using the MBA 515 Library Research Guide and other resources, create an overview of your selected market domain that identifies and examines factors and the impact that the factors have on your selected domain. Analyze the factors that contributed to the obsolescence or dissolution of notable companies in your selected market domain in the recent past. Make sure to discuss both inhibiting and enabling factors in your analysis. Assess the impact of the factors you analyzed on opportunities for change and innovation in the business environment of your selected market domain. For example, if you chose the transportation industry and focused on ground transportation, you would discuss the development of the rail or interstate highway systems, the concept of intermodal transportation, deregulation, environment laws, and so forth. You will describe the impact on the marketplace of these new developments and leadership’s response.

My market domain is: pharmacy market.  Investigate third parties delivering prescriptions by mail.

Critical Elements must be addressed:

A.  Factors: Analyze the factors that contributed to the obsolescence or dissolution of notable companies in your selected market domain in the recent past. Make sure to discuss both inhibiting and enabling factors in your analysis.

B. Impact of Factors: Assess the impact of the factors you analyzed on opportunities for change and innovation in the business environment of your selected market domain.

Thank you for your assistance in advance. 

 

"Not answered?"


Get the Answer

write my assignment 23368

Create a 6 page essay paper that discusses Democracy and human rights in asia.

As far Asian and Western culture is concerned, it can be studied in two ways along wise that is dogmatic or communal (Bell, 2000, pg. 67).

If one has to pen down the social uplifts in both these cultures, then morally and ethically Western culture is far behind in moral norms as compared to Asian averages. West has by far with an approach being not keeping abreast of religious medians in political implementations. Religious medians are more expressive and demanding regarding the human uplifts and hominid elevations. Although West has totally defined human rights and since by far trying reach the best of its output but the limitations and boundaries set by such Western liberalism is not apprehend able by a nonprofessional. Western democracy is somehow a kind of dictatorship where only those can survive easily who are in relation to those liberal rights designers from the perspective of religion. Western liberal democracy does not render a true platform to followers of a certain minority religion holder to apply their values openly while living in such states.

Roseau stated that the big the state is. the more difficult it would be to run it with democracy where rights and thoughts of every person are valued. Asian democracies in political perspectives although not very successful in certain countries of the world but their values for upholding a pure socially upgraded and esteemed are far fruitful than those of Western ones. Liberal democracies are true pictures of autonomy, copious, supremacy, and genuine build-ups. Therefore, simply if these attributes are existed in any democratic state either western or eastern that state would be more appropriate in building up a pure social and human rights building state. Asian democratic sates are individual value based set ups with power of legitimate enactments. There is a conflict in human rights and societies dimensions in both cultures because as far the individual is satisfied and pro-active the more that society

 

"Not answered?"


Get the Answer