Review the IRS webinar on S Corporation Shareholder Stock Basis at https://www.irsvideos.gov/SCorporationShareholderStockBasis/ (you may have to copy and paste the link into your browser). A new client is starting a business, and would like to form an S corporation so that any losses can pass through to his personal tax return. After viewing the video, explain to your client how a shareholder’s stock basis enters into loss limitation rules for S corporations. Be sure to support your comments with information you find in the library or in the IRS code.
You are working on wealth planning techniques with an elderly client whose health is beginning to deteriorate. The client will soon be entering a nursing home and knows they will eventually run out of money and qualify for Medicaid coverage. To qualify for Medicaid sooner, the individual would like to artificially impoverish themselves by giving away their money and other assets to their children, which must be done at least five years before applying for benefits. Do you believe this practice is ethical? Be sure to support your comments with information you find in the KU library and/or in the IRS code.[supanova_question]
topic 1 What is objectivity as it relates to the internal audit function? What factors does an external auditor Essay
What is objectivity as it relates to the internal audit function? What factors does an external auditor consider when assessing the objectivity of a client’s internal audit function? Do not forget to note your source and in-text citation in APA format and include the complete library website or document number.
In what ways does the court system serve as a major regulatory body for the public accounting profession? Does the court system have a role in setting either accounting or auditing standards? Explain your reasoning. Do not forget to note your source and in-text citation in APA format and include the complete library website or document number.[supanova_question]
writers choice Essay
Accounting Assignment Help Does a higher growth of money lead to lower interest rates? – YES
Make a presentation in favour of this topic and include some graphs in the presentation
-The group presentation must have a clear outline. Signposting of
your presentation are recommended.
-Be able to draw from the relevant literature (theory, financial
-The use of qualitative or quantitative evidence to support your
argument is encouraged.[supanova_question]
Write a thorough, well-planned narrative answer to the following question. Your Discussion Question response should be both grammatically and
Write a thorough, well-planned narrative answer to the following question. Your Discussion Question response should be both grammatically and mechanically correct, and formatted in the same fashion as the question itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your responses and document in a bibliography using APA style.
Discussion Question 2
Go to La-Z-Boy’s website (www.la-z-boy.com) and click on the “Our Furniture Line” tab. Then click on the “Recliners” icon. Find and compare the characteristics (size and movement) and options (types and color of fabrics) available for the Artie, Atlas, and Baxter recliner models. In addition, think about how and where these products may be purchased.
a. What type of costing system do you think would work best for La-Z-Boy in manufacturing recliners? Give three (3) reasons/rationales for using the type of system you chose.
b. Do you think that an activity-based costing system could be used for the La-Z-Boy recliners? Why or why not?