V2-SM_ch 13

V2-SM_ch 13 - CHAPTER 13 COMPARATIVE FORMS OF DOING...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: CHAPTER 13 COMPARATIVE FORMS OF DOING BUSINESS SOLUTIONS TO PROBLEM MATERIALS Status: Q/P Question/ Learning Present in Prior Problem Objective Topic Edition Edition 1 LO 1 Legal and tax forms Unchanged 1 2 LO 1, 3 Legal form versus tax form Unchanged 2 3 LO 1 Limited liability company Unchanged 3 4 LO 3 Tax rates: corporation versus individual Unchanged 4 5 LO 2, 3 Limited liability partnership Unchanged 5 6 LO 2 Limited liability: corporate general partner Unchanged 6 7 LO 2 Nontax factors in choosing a business entity Unchanged 7 8 LO 1, 2, 3 Limited liability and loss pass-throughs Modified 8 9 LO 3, 4 S corporation versus C corporation status Unchanged 9 10 LO 3 Distribution policy: C corporation Unchanged 10 11 LO 3 Alternative minimum tax: ACE adjustment New 12 LO 3 Alternative minimum tax: C corporation Unchanged 12 and individual 13 LO 3 S corporation and limited liability company: New state income tax treatment 14 LO 4 Fringe benefits and tax treatment Unchanged 14 15 LO 4 Double taxation and reasonable compensation New 16 LO 4 Avoiding double taxation: debt versus Unchanged 16 equity 17 LO 4 Avoiding double taxation: lease rental Unchanged 17 payments 18 LO 4 Avoiding double taxation: no distributions Unchanged 18 19 LO 4 Accumulated earnings tax Unchanged 19 20 LO 4, 5 S corporation versus C corporation status Unchanged 20 21 LO 4 S corporation: qualification Unchanged 21 22 LO 5 Contribution of personal use assets to a Unchanged 22 corporation or a sole proprietorship 23 LO 5 Recognition under § 351 and § 721 New 24 LO 5 Special allocations Unchanged 24 Instructor : For difficulty, timing, and assessment information about each item, see p. 13-4. 13-1 13-2 2011 Corporations Volume/Solutions Manual Status: Q/P Question/ Learning Present in Prior Problem Objective Topic Edition Edition 25 LO 5 Basis for ownership interest: effect of entity Unchanged 25 liabilities 26 LO 5 Basis for ownership interest Unchanged 26 27 LO 5 S corporation as a taxpayer Unchanged 27 28 LO 5 S corporation: distributions Unchanged 28 29 LO 5 Partnership: § 465 at-risk and § 469 passive Unchanged 29 activity loss 30 LO 6 Sale of an ownership interest: sole Unchanged 30 proprietorship 31 LO 6 Sale of an ownership interest: C corporation Unchanged 31 32 LO 2, 3, Entity attributes Unchanged 32 4, 5, 6 33 LO 5 Entity attributes Unchanged 33 34 LO 5, 6 Special allocations: § 754 election Unchanged 34 35 LO 2 Liability exposure Modified 35 36 LO 3 Corporate tax rates: marginal and effective Modified 36 37 LO 1, 2, 3 Choice of business entity: tax and nontax Unchanged 37 factors 38 LO 2, 3 Choice of business entity: tax and nontax Unchanged 38 factors 39 LO 3 Choice of business entity Unchanged 39 *40 LO 3 Single versus double taxation Unchanged 40 *41 LO 3 Alternative minimum tax Unchanged 41 *42 LO 3 Alternative minimum tax: installment sale Unchanged 42 43 LO 4 Fringe benefits Unchanged 43 44 LO 4 Fringe benefits Unchanged 44 *45 LO 4 Reasonable compensation Modified...
View Full Document

  • Spring '10
  • SMITH
  • Corporation, Taxation in the United States, Reflective Thinking Analytic Analytic Analytic | Reflective Thinking Analytic Analytic | Reflective Thinking Analytic Analytic | Reflective Thinking Analytic Analytic Analytic | Reflective Thinking Analytic Analytic Analytic Analytic Analytic Analytic Ana, Reflective Thinking Analytic Analytic Analytic Analytic | Reflective Thinking Analytic Analytic Analytic Analytic Analytic Analytic Analytic | Reflective Thinking Analytic | Reflective Thinking Analytic Analytic Analytic Analytic | Reflective Thinking Ana

Page1 / 34

V2-SM_ch 13 - CHAPTER 13 COMPARATIVE FORMS OF DOING...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online