Article discussed overlooked tax deductions

Assignment Help Other Subject
Reference no: EM13321765

Paragraphs and Topic Sentences

Part I: Review the four paragraphs below. There is one paragraph matching each of the following types: summary, analysis, synthesis, and evaluation. Once you have read each paragraph, complete the following chart to identify the paragraph types. Underline the topic sentence in each paragraph.

Paragraph Type of Paragraph

1. Alice Doe’s article discussed overlooked tax deductions. It talked about some of the most commonly missed deductions. Whereas her use of statistics seemed to bolster her arguments, it would have been nice to see her elaborate more about the specific deductions missed. She could have talked about what recourse, if any, a filer would have once he or she realized there was an overlooked deduction. She also should have focused more on why the deductions were overlooked, as that would have made the article more effective.

2. Alice Doe informs us of ways that we can reduce our yearly tax obligations. Based on studies she cited, there were cases in which some tax filers were unaware of various deductions they were eligible to claim. In some cases, those deductions would have saved the tax filers hundreds or even thousands of dollars. Some of the common missed deductions, according to Alice Doe, were the mortgage deduction, the energy efficiency deduction, and the charitable donation deduction.

3. In “Unclaimed Deductions,” Alice Doe wrote about the most commonly overlooked deductions when filing a 1040 tax return. She provided information about the total number of missed deductions. In a separate article, “The Challenges of Estimating Tax Revenue,” Phyllis Phoenix talked about a number of reasons why estimated tax revenue may be a challenge. She did not discuss the points made by Doe. It is possible that much of the difference between tax revenue received and estimated tax revenue may be explained by looking at the additional revenue generated by overlooked deductions.

4. When reading Alice Doe’s article, “Unclaimed Deductions,” there are a few key points made that are worthy of further consideration. The first point is that the rules for deductions change from year to year. This leads to the second point, that those changes are not always as effectively communicated as they could be. These two points lead us to better understand why there are many unclaimed tax deductions each year

Reference no: EM13321765

Questions Cloud

Application blanks-personality testing-oral interviews : I need to examine a screening/selection method, e.g. (application blanks, personality testing, oral interviews, reference checking, and assessment centers) and determine the validity of one of these in determining how predictive it is of successful j..
Supply and demand curves and compute daily export quantity : Ecuador exports oil at the world price P, $95 per barrel. Its supply in barrels per day is S = 25000 + 5000P with P in dollars. Domestic demand is D = 75000 - 500P. Draw the supply and demand curves and compute daily export quantity and the value per..
Measures the change in price-quantity-value : An index number is a percent that measures the change in price, quantity, value, or some other item of interest from one time to another. The base period for one index might be 1982-84, while the base period for another index might be 1990. An index ..
Age of passion and an age of reason : In the present age Kierkegaard draws a Distinction between an age of passion and an age of reason. Explain what distinguishes the two ages?
Article discussed overlooked tax deductions : Alice Doe’s article discussed overlooked tax deductions. It talked about some of the most commonly missed deductions. Whereas her use of statistics seemed to bolster her arguments, it would have been nice to see her elaborate more about the specific ..
What is their productivity : ohn Lucy make wooden boxes in which to ship motorcycles. John and his three employees invest a total of 40 hours per day making the 120 boxes. a) What is their productivity?
What two general forms of physical activity : What two general forms of physical activity? List the spheres of professional practice centered in physical activity, and give an example of a career in physical activity professions for each sphere.
Business of designing-producing and marketing gift : Mariah Carey is a famous entertainer. Vian, who was Carey's stepfather before she achieved stardom, was in the business of designing, producing, and marketing gift and novelty items. Vian claimed that Carey agreed orally to give him a license to prod..
Green computing research project : The Green Computing Research Project team is working hard to ensure their work meets expectations. The team has a detailed project scope statement, schedule, and so on, but as the project manager, you want to make sure you’ll satisfy key stakeholders..

Reviews

Write a Review

 

Other Subject Questions & Answers

  Automobile engine does not turn over nor does anything else

When you turn the key to start your car, the automobile engine does not turn over nor does anything else happen. which of the following procedures would be the first action to take in determining the cause of the problem?

  Similarities in chinese-japanese american experiences

What are the most significant similarities between the Chinese American and Japanese American [cultural] experiences? What are the differences?

  Featherbedding allows unions to increase wages

Featherbedding allows unions to increase wages by: Which of the following statements concernning the supply of labor is true? If there is employment discrimination against minorities,this will cause the:

  Concepts-data hiding and data encapsulation

Research on the Internet two concepts: "data hiding" and "data encapsulation" . These are two very imortant features of object-oriented programming. Let's understand well what they mean.

  Principle of sufficient reason

Please determine2-3 examples that seem to disprove the Principle of Sufficient Reason (specifically pertaining to the well-known expressions of: entity, x, event, e, and proposition, p).

  Example of corporate compliance

Which of the following is an example of corporate compliance?

  What might be your key decision rules for when to purchase

You are a manager in a company that has a lot of in-house IS expertise.What might be your key decision rules for when to purchase a system versus when to develop it in-house?

  Fundamental to the professional relationship

The principle of client confidentiality is fundamental to the professional relationship between clients and their counsellors or therapists.

  Automation of transaction-oriented processes

Write a brief summary of some of the business benefits of the technologies described in the case. Provide several examples beyond the mere automation of transaction-oriented processes. Site all outside sources using APA referencing.

  Is itimportant for people to study logic

Imagine someone asks you what you have learned in your logic class and what you found to be the most useful information you learned there. Is it important for people to study logic?

  Draw a vertical profile of air temperature

Draw a vertical profile of air temperature from the ground to an elevation of 3 m on a clear windless afternoon and early morning just before sunrise. Explain why the temperature curves are different.

  Creating gui design for interfaces

When it comes to creating GUI design for interfaces,  describe the various controls one may be able to use for designing a GUI  interface. Describe at least 10 different controls that can be used and what  their typical function as input can be utili..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd