Concept Summary 2.2 of the textbook. a. 716 F.2d 693 (CA-9, 1983) b. 20 T.C. 734 (1953) c. 348 U.S. 426 (1955) d. 3 B.T.A. 1042 (1926) e. T.C.Memo. 1957-169 f. 50 AFTR 2d 92-6000 (Ct.Cl., 1992) g. Ltr.Rul. 9046036 h. 111 F.Supp.2d 1294 (S.D.N.Y., 2000) i. 98-50, 1998-1 C.B. 10 Court of Federal Claims Tax Court U.S. Ninth Circuit Court of Appeals Not a court decision
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Concept Summary 2.2 of the textbook. a. 716 F.2d 693 (CA-9, 1983) b. 20 T.C. 734 (1953) c. 348 U.S. 426 (1955) d. 3 B.T.A. 1042 (1926) e. T.C.Memo. 1957-169 f. 50 AFTR 2d 92-6000 (Ct.Cl., 1992) g. Ltr.Rul. 9046036 h. 111 F.Supp.2d 1294 (S.D.N.Y., 2000) i. 98-50, 1998-1 C.B. 10 Court of Federal Claims Tax Court U.S. Ninth Circuit Court of Appeals Not a court decision
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- Hmm.134.1. Ramon and Ingrid work in the field of public relations and incur sizable entertainment expenses. Ramon is employed by a consumer products company, while Ingrid is a self-employed consultant. Regarding the tax treatment of the entertainment expenses, when would: a. Ramon be better off than Ingrid? b. Ingrid be better off than Ramon? . 2. The services are performed at Sueâs premises. 3. Sue does not work for other parties. 4. Lynn determines when the services are to be performed. 5. Sue has unreimbursed expenses. 6. by Lynn. 7. helpers. 8. Sue charges by the hour for her work. 9. Sue files a Form 2106 with her Form 1040. 10. Sue files a Schedule SE with her Form 1040. 11. Sue uses her own tools. Match the statements that relate to each other. (Note: Choice L may be used more than once.) a. Must involve the same trade or business b. Must be for the convenience of the employer c. Meals while in route d. Lodging while in route e. Out-of-town job assignment lasts for more…am. 111.
- 3Facts: Mr. Johnson owns a 600-acre woodlot in Ohio. The trees in his woodlot are old-growth hardwood and much in demand by woodcarvers. When he gets an order for wood, he cuts down the appropriate trees and trims them to the woodcarver's specifications. The woodcarver requesting the wood will make the arrangements for picking up the wood. Recently Mr. Johnson took on an apprentice, who after a year of learning the craft will leave and may or may not go into the same business. The apprentice is a computer geek desirous of a change of pace and lifestyle and works for free since he had made a substantial amount in the stock market. Recently Mr. Johnson's friend came to visit and suggested that he is subject to OSHA. Question to be Answered: Is Mr. Johnson's business subject to OSHA law and regulations concerning the apprentice?CustName cAdd dealerName dAddress CID dID John Doe John Jr. Doe Maggie Smith John Jr. Doe Kim Wayne 123 Main Street 123 Main Street 234 Peach Street 123 Main Street 456 Washington Ave Acme Cars Inc Acme Cars Inc Acme Cars Inc Buy Buy Cars Cars Anon 1000 First Ave 1000 First Ave 1000 First Ave 1 Auto Ave 2000 Last Mile C001 D2345 Z001 C016 D2345 Z001 C001 D2345 Z101 C016 D7894 M103 C786 D3713 V128 Column Explanations CustName cAdd Customer's name Address where customer lives dealerName Name of the dealer vinNum make model year trim msrp Chevrolet Corvette 2020 1LT Chevrolet Corvette 2020 1LT Chevrolet Corvette 2020 3LT Chevrolet Malibu 2019 LS Toyota Camry 2019 LS stockDate sellDate sellPrice $59,995 Oct-15-2020 Oct-16-2020 $72,000 $59,995 Oct-15-2020 Oct-16-2020 $72,000 $71,945 Sept-12-2020 Sept-20-2020 $77,000 $24,095 May-15-2019 Aug-7-2019 $21,400 $28,395 Nov-7-2018 Dec-27-2018 $27,545 model model of the vehicle year year of the vehicle trim trim of the vehicle msrp n of the vehicle…
- OE B A mortgage loan originator (MO) accesses a loan applicant's credit report and discovers that one of the debt obligations that the applicant reported on the application is not listed on the report. The MLO must counsel th applicant to: A.) remove the obligation disclosure from the application. B) stop making payments on the obligation. C) provide evidence of the obligation. D.)create a document discharging the obligation. 目CustName John Doe John Jr. Doe Maggie Smith John Jr. Doe Kim Wayne cAdd dealerName dAddress 123 Main Street 123 Main Street 234 Peach Street 123 Main Street 456 Washington Ave Acme Cars Inc Acme Cars Inc Acme Cars Inc Buy Buy Cars Cars Anon 1000 First Ave 1000 First Ave 1000 First Ave 1 Auto Ave 2000 Last Mile CID dID C001 D2345 Z001 C016 D2345 Z001 C001 D2345 Z101 C016 D7894 M103 C786 D3713 V128 vinNum make model year trim msrp Chevrolet Corvette 2020 1LT Chevrolet Corvette 2020 1LT Chevrolet Corvette 2020 3LT Chevrolet Malibu 2019 LS Toyota Camry 2019 LS stockDate sellDate $59,995 Oct-15-2020 Oct-16-2020 sellPrice $72,000 $59,995 Oct-15-2020 Oct-16-2020 $72,000 $71,945 Sept-12-2020 Sept-20-2020 $77,000 $24,095 May-15-2019 Aug-7-2019 $21,400 $28,395 Nov-7-2018 Dec-27-2018 $27,545 Column Explanations CustName cAdd Customer's name Address where customer lives dealerName Name of the dealer dAddress model model of the vehicle year year of the vehicle trim trim of the vehicle msrp msrp of…am. 123.