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Use the CCH IntelliConnect Practice Tools database to answer the following questions: Using the Federal Withholding Calculator, determine what your withholding should be, based on

  • Use the CCH IntelliConnect Practice Tools database to answer the following questions:
    • Using the Federal Withholding Calculator, determine what your withholding should be, based on what you would like your income to be upon graduation and your current family situation. Print results.
    • Using the Depreciation Toolkit, determine the depreciation in year 5 for $ 45,000 of Dairy Cattle, 150 percent DB method for Farm Property with a half- year convention.
    • Using the Federal/ State Taxes, Tax Calendar, prepare a calendar for the current year for all the taxes for the state within which your college is locatePrint one month that shows payment due dates.
    • Explain whether the Practice Tools offered in the Main Menu ( where Browse, Citations, and so forth are located) are the same as in the Practice Tools, listed in the expanding Browse option?
  • Indicate the relevant information requested for CCH IntelliConnect SFITR, paragraph 12,623.025.
  • Use the CCH IntelliConnect Citator to answer the following questions regarding Notice 2010- 10:
    • Where is the Notice discussed in the tax services?
    • To what Code sections does the Notice apply? Who are the principal authors of the Notice?
    Where is the Notice located in the Internal Revenue Bulletin?

  • Use the CCH IntelliConnect Citator to evaluate the 1956 William George Tax Court case.
    • What is the citation for the case?
    • What is the title of the paragraph where George is annotated?
    • What Code section is related to the George case?
    • A Revenue Ruling cites the George case. What is the citation and title? How does the Revenue Ruling evaluate the George case?

  • Use CCH IntelliConnect Citator to answer the following questions:
    • Find the discontinued Miscellaneous MS 347; 1950- 1 CB 281 ruling ( Hint: use CB citation to find it). What is its current standing and why?
    • Find Court Decision 1787, 1955- 2 CB 511. Give the name of the cases and all of its parallel citations.
    • Find the Treasury Decision 9477. Give the date it was filed with the Federal Register, Code Section to which it applies, and its effect.

  • Use the CCH IntelliConnect Citator to evaluate the 290th Revenue Ruling issued in 1955.
    • What is its complete Cumulative Bulletin citation? Is this Revenue Ruling still valid?
    • What tax issue does the Revenue Ruling address?
    • List the citations of any cases that cite Revenue Ruling 1955- 290.
    • In what paragraph of the CCH service was this ruling initially discussed?

  • Use the CCH IntelliConnect Citator to answer the following questions regarding the 19th Revenue Procedure of 2002:
    • What does this Procedure address? What Code sections are involved?
    • What is its current status?
    • What types of pronouncements have cited this Procedure? That is the most current citing of the Procedure?

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