Amounts that are made available to a taxpayer without substantial restrictions are included in gross income under which of the following legal doctrines?

		Assignment of Income Doctrine
		Constructive Receipt Doctrine
		Cohan Doctrine
		Recovery of Capital Doctrine

1. Which of the following is an example of the timing strategy?

   		A taxpayer delaying the payment of a deductible expense until next year because the taxpayers marginal tax rate will be higher next year.
   		A taxpayer choosing to invest in municipal bonds instead of corporate bonds.
   		A taxpayer executing a will that will ensure that all assets owned upon his death are donated to charity.
   		A taxpayer gifting cash to his children

A taxpayer directed his employer to pay his child $65,000 of his annual salary. Which legal doctrine would disqualify the tax savings the taxpayer would otherwise receive from the child reporting $65,000 of the taxpayers salary?

		Assignment of Income Doctrine
		Constructive Receipt Doctrine
		Recovery of Capital Doctrine
		Cohan Doctrine

Which of the following is an example of the conversion strategy?

		A taxpayer delaying the payment of a deductible expense until next year because the taxpayers marginal tax rate will be higher next year.
		A taxpayer choosing to invest in municipal bonds instead of corporate bonds.
		A taxpayer executing a will that will ensure that all assets owned upon his death are donated to charity.
		A taxpayer gifting cash to his children.