Federal Individual Income Taxation

1) Discuss the tax treatment of bad debts and net operating losses.

2) Discuss the tax treatment of passive losses and casualty and theft losses.

3) Discuss the tax depreciation system.

4) Define amortization. Provide three examples, including the tax treatment.

5) Discuss the tax treatment for long-term contracts, installment sales and deferred payment sales.

6) Discuss the tax treatment for the sale of a principal residence.

7) Define Section 1231 property. Discuss the tax treatment.

8) Define Section 1250 property. Discuss the tax treatment.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sample Solution

ACED ESSAYS