ACC 575 Week 1 Discussion: “Practice Before IRS”
Go to the Internal Revenue Service (IRS) Website, and review Circular 230, Disciplinary proceedings. Next, analyze the persons / parties that the disciplinary proceedings are applicable too. Based on your analysis, propose at least two (2) other persons / parties that you would add. Provide support for your proposal.
ACC 575 Week 2 Discussion:“Contracts”
Use the Internet or Strayer Library to research at least three (3) verbal contracts. Next, give your opinion on whether or not you believe verbal contracts are enforceable overall. Provide support for your position.
ACC 575 Week 3 Discussion: “Uniform Commercial Code”
Research the Internet or the Strayer Library for information related to the Uniform Commercial Code Article 3, which deals with negotiable instruments and holders in due course. Next, analyze one (1) type of negotiable instrument. Based on your choice, suggest the primary remedies available to a holder in due course when the purchaser refuses to pay according to the terms of the negotiable instrument. Provide a rationale for your response.
ACC 575 Week 4 Discussion: “Bankruptcy”
Analyze the various types of bankruptcy options available to an individual client. Based on your analysis, recommend the most advantageous bankruptcy option for your client. Support your recommendation with one (1) example of such a bankruptcy option.
ACC 575 Week 5 Discussion: “Securities Acts of 1933 and 1934”
Research the Internet or the Strayer Online Library for information related to the SEC Acts of 1933 and 1934. Next, create a scenario where your client intentionally violates the Securities Act of 1933. Based on your scenario, predict the potential remedies that the SEC could use in order to punish your client. Provide a rationale for your response.
ACC 575 Week 6 Discussion: IRS Rules
Go to the IRS Website and review Capital Gains and Losses in Publication 17. Next, analyze the current IRS rules related to capital gains and losses on the sale of real property. Based on your analysis, take a position as to whether you believe the current rules are fair to individual taxpayers. Recommend at least two (2) changes that would make the rules fairer to individual taxpayers. Support your recommendation with examples of such changes.
ACC 575 Week 7 Discussion: “Alternative Minimum Tax”
Analyze the rules concerning the alternative minimum tax for individual taxpayers. Based on your analysis, recommend at least two (2) changes to the alternative minimum tax that would be fairer to an individual taxpayer. Provide a rationale for your recommendation.
ACC 575 Week 8 Discussion: “Corporate Taxation”
Analyze the significant rules concerning the manner in which corporations treat the dividends that they are paying. Based on your analysis, recommend at least two (2) changes that you would make to the rules that would be fairer to either the corporation, the individuals receiving dividends, or to both. Support your recommendation with examples of such changes?
ACC 575 Week 9 Discussion: “Partnerships and Tax-Exempt Organizations”
Imagine that your new client would like to form a partnership. The client has asked you to assist in avoiding transactions that might result in a taxable transaction for the partnership. Recommend at least two (2) transactions that the partnership should avoid in order to prevent a taxable transaction to the partnership. Provide a rationale for your recommendation.
ACC 575 Week 10 Discussion: “Tax Research and Practice”
Imagine that you are assigned the responsibility of finding several tax research authorities that your firm would need to focus on as it defends a pending court case in the U.S. Tax Court. Recommend at least two (2) tax authorities that your firm could use as research resources. Support your recommendation with examples of such tax authorities.