Reference no: EM13890478
Tony's taxpayer return has come up for audit by the Internal Revenue Service (IRS). He took some deductions this year for an office in his home. Amelio, at the IRS, has disallowed that deduction and has invited Tony to come to the office to discuss them.
Tony's profession is tax consulting, but he listed his occupation on his return statement as 'Attorney.' Tony has taken several deductions this year that might be considered aggressive.
However, Tony believes that he has done no wrong. In fact, he thinks he is being singled out due to his profession. He is short on money and is worried about paying any additional assessment the IRS may make. Therefore, he is planning to give up the office deductions in order to close the audit as quickly as possible.
Amelio has never seen a home office deduction that was proper, except for his own during his pre-IRS days as an independent consultant. Answer the following points:
1. Apply general attribution theory to analyze and explain each party's attitudes and conclusions. Hint: Use consensus, consistency, distinctiveness, and the fundamental error.
2. Explain how perception affected each party's negotiation goals.
3. Apply the theory of symbolic interactionism to each party in the case by identifying
No of Pages/Words : 1
Typical consequences of good capital budgeting decisions
: The issuance of bonds to raise capital for a corporation: Common stockholders are essentially: Which of the following are typical consequences of good capital budgeting decisions?
|
Considered capital budgeting decision
: Which of the following would NOT be considered a capital budgeting decision? The equivalent annual cost method is most appropriate in which of the following situations? If a project has a profitability index greater than 1,
|
Free cash flow for the most recent year
: Manzell Corp.'s free cash flow (FCF) for the most recent year is $470 (million). FCF is expected to grow by 18% next year, by 11% the year after that, and by 3% per year thereafter. Manzell's WACC is 10%. The estimated enterprise value is $__________..
|
Common stockholders expect greater returns
: Common stockholders expect greater returns than bondholders because: An decrease in the ________ will increase the value of preferred stock. Changes in the general economy, such as changes in interest rates or tax laws, represent what type of risk?
|
Explain how perception affected each partys negotiation goal
: Apply general attribution theory to analyze and explain each party's attitudes and conclusions. Hint: Use consensus, consistency, distinctiveness, and the fundamental error - Explain how perception affected each party's negotiation goals.
|
The issuance of bonds to raise capital for a corporation
: The issuance of bonds to raise capital for a corporation: The discount rate used to value a bond is: If the market price of a bond increases, then:
|
Completed a project for liu corporation
: After the success of the company's first two months, Adria Lopez continues to operate Success Systems.
|
Approximate annual compound growth rate in price of pears
: Suppose the price of pears was $1.16 in mid-2010 and $1.37 in mid-2013. What would be the approximate annual compound growth rate in the price of pears?
|
Summarize what project procurement management is
: Having many new members of the project team you feel it is important to have each member involved in the project team to understand the procurement portion of the project. Write a paper addressing the following points: Summarize what project procu..
|