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Silvia La Porta
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Decks in this class (13)
CH. 5 - Gross Income & Exclusions
Gross income 1,
What are the three requirements f...,
Explain what economic benefit is ...
44
cards
CH. 6 - Individual Deductions
True or false deductions for agi ...,
True or false deductions from agi...,
Blank 3
68
cards
Ch. 1 - Intro to Tax
What is tax 1,
What is the general purpose of a ...,
Who cares about taxes 3
33
cards
CH. 7 - Investments
Investment income 1,
What are two key characteristics ...,
Portfolio investments 3
105
cards
Ch. 4 - Individual Income Tax
Taxable income 1,
Agi adjusted gross income 2,
What is the form typically used f...
58
cards
CH. 9 - Business Income & Deductions
What is the definition of gross i...,
Generally speaking what makes up ...,
Gross receipt test 3
43
cards
CH. 10 - Property Acquisition
Cost recovery 1,
Depreciation 2,
Amortization 3
70
cards
CH. 11 - Property Dispositions
To calculate the amount of gain o...,
What is the amount realized by a ...,
What is the amount realized compu...
113
cards
CH. 15 - Entities Overview
Corporation 1,
Limited liability company llc 2,
Limited liability companies are g...
88
cards
CH. 16 - Corporate Operations
True or false corporations can it...,
A corporation s ___________ deter...,
Corporations are required in gene...
43
cards
CH. 17 - Accounting for Income Taxes
Income tax provision 1,
Deferred tax asset 2,
Deferred tax liability 3
55
cards
CH. 20 - Partnerships
Flow through entities 1,
True or false owners of flow thro...,
C corporations 3
80
cards
CH. 22 - S Corporations
S corporation 1,
Earnings and profits e p 2,
What are the key facts to s corpo...
35
cards
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Tax
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