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Federal income tax take home test need help not pick each year on Dee a Rolando's employer pays year-end bonuses He was t hould Rolando

Federal income tax take home test need help
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not pick each year on Dee a Rolando's employer pays year-end bonuses He was t hould Rolando 2, 2017 up his check until Januaary A. 2017 income can choose the year to report the D, it does not matter E none of these. If tax rates are decreasing: income. A taxpayers should accelerate deductions. 18 B. should defer accelerate income. c, taxpayers defer deductions and D. taxpayers should E. these. 19. Which of the following is an example of the timing strate by A Acash taxpayer the family business. B. A employing her child in ferred investment. C. A business its owner D. A investing in a tax E. None of these. ar e 20. A taxpayer paying his 10-year-old daughter $50,000 a year for consul ting likely violates which doctrine? A. constructive receipt doctrine. B. doctrine. doctrine. C. D. step-transaction doctrine. E. none of these. 21. employer pays year-end bonuses each year on December 31. Jason not want to receive the bonus 2016, and actually would prefer his daughte pay tax on the bonus. His daughter, Julie, picks up his check on January 2,2 Who reports the income and A. Julie in 2016. B. Julie in 2017. C. Jason in 2016. D. Jason in 2017. E. none of these. 22. Which of the following is an example of the conversion strategy? A. A corporation paying its shareholders a $20,000 dividend. B. A corporation paying its owner a $20,000 salary ACCT 3333,Fall-1 Test 87232

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