Entertainment expenses and charitable deductions

Assignment Help Operation Management
Reference no: EM13994870

1. Jonathan was notified by the IRS that he should appear at the local IRS district office with support for his 20x1 travel and entertainment expenses, as well as his charitable deductions. It was a really nice day, so Jonathan went skiing rather than to the appointment. On the way to the ski resort, Jonathan called his tax preparer, Sue Johnson, CPA, and told her that he wasn’t going to the appointment. What penalty or penalties could Jonathan be subject to? What about the Sue Johnson, CPA?

2. If Jonathan ultimately doesn’t agree with the findings of the IRS, what are his options?

Reference no: EM13994870

Questions Cloud

Reducing bank reserves would be an appropriate measure : Reducing bank reserves would be an appropriate measure during a recession...
The higher the tax rate : The higher the tax rate, government spending unchanged, the...
Excessive unemployment is a sign : Excessive unemployment is a sign of...
Marginal revenue is greater than its marginal cost : If a firm's marginal revenue is greater than its marginal cost, then: Select one: a. the firm is maximizing profit. b. more output will add more to revenue than to cost. c. each added unit of output will reduce profits. d. less output will add more t..
Entertainment expenses and charitable deductions : Jonathan was notified by the IRS that he should appear at the local IRS district office with support for his 20x1 travel and entertainment expenses, as well as his charitable deductions. It was a really nice day, so Jonathan went skiing rather than t..
Explain why it is important to document quality procedures : Explain why it is important to document quality procedures at the beginning of a project rather than later on. In addition, think about 2 advantages and 2 disadvantages of using standards for documentation in each of the software phases.
Find how much weight in excess of man : The density of hydrogen gas is 0.089 kg/m3. Find how much weight in excess of w the same balloon inflated to the same volume can lift.
What is the specific citation that describes the information : What is the specific citation that describes the information that companies must disclose about the exercise prices for their stock option plans?
A light blue background color : Write the CSS for a class with the following attributes: a light blue background color, Arial or sans-serif font, dark blue text color, 10 pixels of padding, and a narrow dashed border in dark blue color. Here is what I have but it doesn't seem to ap..

Reviews

Write a Review

Operation Management Questions & Answers

  Distinguishing between employees and independent contractors

Distinguishing between employees and independent contractors is important because

  Dominant role in ecuadorean political life

Does the fact that the military plays a dominant role in Ecuadorean political life undermine Texaco’s claim that its environmental practices are justified because the government of Ecuador permitted them? Explain

  Identify the organization and situation you are imagining

PR practitioners have a responsibility in a crisis to give the rest of the management team insight and information. PR practitioners should also consider “nimbus” publics.  Identify the organization and situation you are imagining.

  The cultural values of the organisation

Imagine yourself in a situation of being encouraged to inflate your expense account. Do you think your choice would be most affected by your individual moral development or by the cultural values of the organisation for which you work? Explain"

  How do you define public opinion

How do you define public opinion? Can you think of ways your opinion has been formed around certain issues? What about the opinions of your friends?

  Problem on production management

For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III.

  What are motion study principles

What are motion study principles? How are they classified?

  Effective business performance management system

Assume you are the manager of a store located in Manhattan that sells high-end clothing for men and women. You have been asked by the owner to develop a new business performance management system. What factors would you consider to develop an effecti..

  What is his annual inventory turns

What is his annual inventory turns?

  A refinery manufactures tow grades of fuel

A refinery manufactures tow grades of fuel, F1 and F2, by blending four types of gasoline, A,B,C,D. Fuel F1 uses gasoline A,B,C and D in the ration 1:1:2:4, and fuel F2 uses the ration 2:2:1:3. The supply limits for A,B,C and D are 1000, 1200, 900 an..

  Problem regarding the country research

China is on track to become the world's largest economy in coming years. Research the implications of this development and draft a document addressing the following:

  The evolution of science and sports

Discuss the role of QIOs and the impact they have had on Medicare and healthcare in general. Explore some of the opportunities and challenges that face the U.S. Public Health organization when embracing CQI.

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