If Available Use only paper copies of the Code and Regulations to complete this assignment 1. Identify the general content of each of the following chapters of the Internal Revenue Code. Briefly indicate how you found this information. a. Chapter 1 b. Chapter 12 c. Chapter 24 2. 672(a) states For purposes of this subpart, the term adverse party means... What is the scope of this section (i.e., to what types of transactions does this section apply)? 3. Indicate the year and the public law that enacted each of the following sections. Also indicated when the section became effective. Finally, note how you found this information. a. 6013 b. 7421 4. In answering the following question, use only the Internal Revenue Code for your research. In providing the answer, cite/quote the Code section(s) that support your conclusion. Also briefly indicate the process that you used to find your answer. Kelly and James are divorced and own a house from the marriage. Under the divorce decree, Kelly pays James $3,000 per month alimony. Because the real estate market has collapsed in the area where they live, Kelly and James cannot sell the house. Because they are still friends, they decide to live in separate floors of the house until the real estate market recovers. If Kelly and James live together for the entire current year, can Kelly claim a deduction for the alimony paid to James? 5. In answering the following question, use only the Income Tax Regulations for your research. In providing the answer, cite the Regulation section(s) that support your conclusion. Also indicate the Treasury Decision that created the Regulation and the last decision to amend the regulation (if any). Martin is a self-employed tax preparer. During January of 2013, he attended a seminar costing $1,800 to update his knowledge of the application of the new investment tax. Can Martin deduct this cost?