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Author Question: A taxpayer obtains permission to change an accounting method. The change will result in a positive ... (Read 179 times)

dollx

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Question 1

Interest is not imputed on a gift loan between two individuals totaling $100,000 except when the borrowed funds are used to purchase income-producing property.
◦ true
◦ false

Question 2

A taxpayer obtains permission to change an accounting method. The change will result in a positive adjustment to income. To help in managing its cash flow, the taxpayer would like to spread the change over multiple years. In order to take advantage of this opportunity, the net positive adjustment must exceed
◦ $25,000.
◦ $3,000.
◦ $10,000.
◦ $0.


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Marked as best answer by dollx on Sep 13, 2020

cclemon1

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dollx

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


bassamabas

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  • Posts: 294
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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