2. Use the CCH IntelliConnect Practice Tools to answer the following questions:

A. Selecting the Federal Taxes heading, determine whether it is more cost effective to buy or lease an auto. The purchase price of the auto is $ 45,000, the loan term is 36 months, and the interest rate is 8 percent. The lease term is 60 months, and value at the end of the lease term is $ 10,000. For any other informa-tion requested, provide reasonable estimates. Print results.

B. Selecting the Sales and Property Tax heading, how long can the dormancy period be for a bank account in the state where your college is located?

3. Use the CCH IntelliConnect Browse function and select the Federal Tax Editorial Content heading to answer the following questions:

A. Using Quick Answers Tax Rates and Tables determine what the high- cost localities per diem rate was for the most current perio

B. In the Interactive Research Aids for Tax Research Consultant, for Individuals, who is the author of the decision tree for qualified moving expenses?

C. Using the Master Tax Guide, determine whether the Credit for the Elderly is a refundable credit? In what paragraph number is the discussion of this credit located?

D. What is the most recent Joint Committee on Taxation Blue Book available in the Federal Tax Legislation heading?