Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill

تمرين 59

Use the CCH IntelliConnect Practice Tools database to answer the following questions:
a. Using the Election and Compliance Toolkit, determine what election might need to be made to elect to expense the cost of property under I.R.C. § 179 (not mine equipment or in a controlled group) and when the election is due.
b. Using the Depreciation Toolkit, determine the depreciation in year 5 for $45,000 of Dairy Cattle, 150 percent DB method for Farm Property with a half-year convention.
c. Using the Federal/State Taxes, Tax Calendar, prepare a calendar for the current year for all taxes for the state within which your college is located. Print one month that shows payment due dates.
d. Explain whether the Practice Tools offered in the Main Menu (where Browse, Citations, and so forth are located) are the same as in the Practice Tools, listed in the expanding Browse option.