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ACC 613 Grand Canyon Week 3 Complete Work


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Description

ACC 613 Grand Canyon Week 3 Complete Work

ACC613

ACC 613 Grand Canyon Week 3 Discussion 1

What is the purpose of the alternative minimum tax? Discuss the pros and cons of such a tax and whether you think it accomplishes the purpose for which it was designed. Include references to any tax code or publications that you use for your answer.

 

ACC 613 Grand Canyon Week 3 Discussion 2

There are several business expenses not allowed as deductions for tax purposes as a matter of public policy. Discuss several of these expenses and the implications for companies or individuals doing business in countries with different laws and/or cultural norms regarding business transactions. Include references to any tax code or publications that you use for your answer.

ACC 613 Grand Canyon Week 3 Assignment Problems

Details:

Complete the following problems at the end of each chapter:

Chapter 7: Comprehensive Problem 88

Chapter 8: Comprehensive Problem 81

The assignment should be completed in an excel spreadsheet, with one problem on each tab. Attached the tax forms separately or copied in to the spreadsheet. You must show your work, with notes on how you completed the problem. Specifically, indicate which items you did not include in your calculations because they were not taxable and explain items that are excluded or limited.

An example of a completed tax template and the related Form 1040 and schedules are available under Resources>Course Materials>Course Add-ons. Demonstrations are available in the module readings and Course Materials.

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