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A Texas attorney contemplates entering into an employment contract regarding child support arrearage lawsuits with the client based on a (contingency fee) percentage of the amount of arrearage recovered for the client.
1. Is accepting these cases on a contingency fee in violation of the Texas Disciplinary Rules of Professional ConductRule 1.04?
2. Does the use of Power of Attorney from the client and the depositing of full arrearage into the attorney's escrow account prior to disbursement violate any Rule of Professional Conduct?
Calculate total income or adjusted gross income on page 1 of Form 1040 and compute the federal tax liability, or determine the refund or balance due.
carol is a successful physician who owns 100 of her incorporated medical practice. she and her husband jared are
Based on this information provide advice to Elizabeth as to whether she is a resident of Australia for the year ended 30 June 2012. Support your answer with reference to appropriate authority.
1. lime finance company needs its customers to purchase a credit life insurance policy linked with the loans it makes.
What is a highly compensated employee and what effect does a highly compensated employee have on the minimum vesting requirement?
What income tax consequences ensue from Tim's suggested approach? Compare this result with what would happen if Tim merely transferred the Moore farm in return for stock in the new corporation.
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Chevron began an action to sue Fine Furniture for damages of $700,000, being compensation for the increased cost of having to buy its furniture elsewhere. The action by Chevron was discontinued when Fine Furniture paid to Chevron $400,000 to settle t..
For the period 1 May 2013 to 31 March 2014, Emma travelled 10,000 kilometres in the car and incurred expenses of $550 (including GST) on minor repairs that have been reimbursed by Periwinkle
Clarify the role of the generations skipping transfer tax and Gene purchases an insurance policy on Mary's life and designates Ashley as beneficiary. Ashley dies first one year later.
brian bradley a schedule year taxpayer purchased 1000 shares of newton corp. on 23rd october 2011 for 15000. he sold
The following day, Mira rings you to tell you that she received a cheque for $18 700, as payment in full for one of the accounts that had been written off as uncollectable. Record the journal entries to record the transaction. Narrations are no..
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