ACC455 Corporate Taxation Complete Week 2 Download Assignments and DQs Here Week 2 Individual Week Two Problem Set Complete the problems found in Ch. 2 of Prentice Hall’s Federal Taxation 2010: Corporations.
C:2-3 Black LLC C:2-54 Bear Corporation
C:2-56 Tax Strategy for Wildcat Corporation
C:2-55 Wildcat Corporation
Read the scenario and respond to the questions. Support your answers with calculations, as needed. Show your work.
Submit your completed assignment as a Microsoft ® Excel®, a Microsoft® Word, or a PDF document. Learning Team Week Two Discussion Question
• What are the requirements for the following deductions: U.S. production activity deduction, dividend received deduction, and net operating loss? Discuss any recent legislative changes.
Discussion Questions DQ 1 What are the alternative tax years available to a corporation? What factors should be considered in electing the tax year? DQ 2 What is the legislative intent behind the corporate alternative minimum tax (AMT)? Define tax reference items, AMT adjustment, and minimum tax credit