Question
In each of these independent situations the partner of your firm came to you with these questions. She is not sure the answer to these
In each of these independent situations the partner of your firm came to you with these questions. She is not sure the answer to these questions. She ask you to research them and email her with your findings. Answer the questions for each question below in an email that you are sending the partner in your firm. This is not a formal communication to a client, but it is an email to the partner of your firm.
#1. Staff sergeant G. I. Jane was a soldier in the Iraq War. Her salary was $2,600 per month, and she was in the war zone for eight months. How much of her salary is taxable for the eight months? In answering this case, use only the Internal Revenue Code for your research.
#2. Odiferous Chemical Company (OCC) manufactured pesticides that were toxic. Over the course of several years, the toxic waste contaminated the air and water around the company s plant. Several employees and people living near the plant suffered toxic poisoning, and the Environmental Protection Agency (EPA) cited the company for violations. A federal district court judge found OCC guilty and imposed a fine of $15 million, which OCC paid to the EPA. You have been asked to assess the deductibility of the payment of the fine. a. Locate the code section(s) that deals with this situation. State the section number(s). b. Review the code section(s). Does it raise a need for new information to solve this question? c. Are you able to reach a conclusion about the research question from this code section? If so, what is your conclusion(s)?
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