What do you think she has will be successful on audit

Assignment Help Taxation
Reference no: EM133320524

Case Study: Sylvia is a Professor at YouCan University. She also maintains a "side Hussel" where she provides tax planning for high net worth individuals. She is a full-time faculty member and has an office at the University. For her "side hussel" she maintains a home office. The IRS has
selected (lucky her) her 2020 return for audit. On her return she deducts a home office and also deducts her miles between her home and her office at the University. She maintians that she is not commuting because she has a home office and is going from Job2 to Job1 back to Job2. She has hired you to represent her in the audit.
Question: Do you think she has will be successful on audit? Find at least three sources to suppoort your conclusions.

Reference no: EM133320524

Questions Cloud

Persuasion or justice that still resonates in 2022 : ENGL University Of Georgia Which of the books is most successful at delivering messages about power or persuasion or justice that still resonates in 2022?
Benefits program means in relation to medical insurance : In our own words, explain what the term defined benefits program means in relation to medical insurance.
What was the effects on the labour market in canada : what was/were the effects on the labour market in Canada? Do you support this kind of program, why or why not?
What is a durable medical power of attorney : What is a durable medical power of attorney? When do these documents take effect? What signs would you expect to see when approaching the end of life?
What do you think she has will be successful on audit : Do you think she has will be successful on audit? Find at least three sources to suppoort your conclusions.Sylvia is a Professor at YouCan University.
What structural principle is consistently used in both tales : GER 3641 University of Minnesota-Twin Cities What structural principle is consistently used in both tales? How important is this principle in folklore
Practice of encourage the heart : Using the practice of "Encourage the Heart" from the five practices of exemplary leadership from Kouzes and Posner.
Explain how a bill becomes a law : Explain how a bill becomes a law and which stage would be most difficult for a bill to survive.Bowman' and Kearney's State and Local Government
How will the dynamics of the two change : How will the dynamics of the two change? What does it mean for the majority (Frankenstein and humans) to be afraid of the minority (the creature)

Reviews

Write a Review

Taxation Questions & Answers

  Please fill out form 1065 partnership return

Please fill out Form 1065 partnership return and a Schedule K-1 for Priscilla and any necessary supporting schedules. Don't forget to include the necessary codes on the K-1.

  Evaluate the project''s npv

Evaluate the project's NPV? Note that a project's expected NPV will be negative, in which case it will be rejected.

  Outline your findings on ethical standard for a corporation

Outline your findings on the ethical standard for a corporation's financial and tax reporting. State specific examples of the ethical standards and laws that you are following as the tax and financial analyst.

  What amount can kate claim as her interest expense

What amount can Kate claim as her interest expense in the current year, assuming that she paid $10,000 to the local bank on 30 June 2012?

  Prepare the federal corporate tax return for RIL

Prepare the federal corporate tax return for RIL for the 2018 taxation year using the ProFile T2 corporate software program. On the ProFile schedule titled

  What are ms delaneys professional responsibilities as a cpa

In a situation such as this, what are Ms Delaney's professional responsibilities as a CPA? What are the ethical implications of Acme's deferral of income taxes?

  You are an independent tax advisor

You are an independent tax advisor and one of your clients, Triceratops Toys Manufacturing Limited, has provided you with the following information

  What are three types of special tax credits

What are three types of special tax credits and what are the limitations on special tax credits? Why do these credits exist?

  Why albert use for federal income tax

Why Albert's use for federal income tax purposes of the Turner NOLs may or may not be limited by any applicable provisions of the Internal Revenue Code of 1986,

  How do you look at the housing market in the context

How do you look at the housing market in the context of these readings? What you think the future (maybe the next few years) holds for local governments and school districts?

  Prepare Income Tax Returns for Roderick Bridge

BAC307 Assignment - Prepare Income Tax Returns and supported appropriate documents\workpapers for the following entities: Roderick Bridge

  Question in 2013 ginger graham age 46 and spouse of greg

question in 2013 ginger graham age 46 and spouse of greg graham engaged in the transactions given below. evaluate

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd