ACC 565 Week 7 Assignment 3 Reorganizations and Consolidated Tax contains (2 Papers)
This Tutorial was purchased 13 times & rated A by student like you.
This Tutorial contains following Attachments
- ACC 565 Week 7 Assignment 3 Reorganizations and Consolidated Tax contains.zip
This Tutorial contains 2 Different Papers
ACC 565 Week 7 Assignment 3 Reorganizations and Consolidated Tax contains
Due Week 7 and worth 250 points
Suppose you are a CPA, and you have a corporate client that has been operating for several years. The company is considering expansion through reorganizations. The company currently has two (2) subsidiaries acquired through Type B reorganizations. The client has asked you for tax advice on the benefit of a Type A, C, or D reorganization over a Type B reorganization. Additional facts regarding the issues are reflected below.
The company currently files a consolidated income tax return with the two (2) subsidiaries acquired through a Type B reorganization.
ABC Corporation, a subsidiary targeted by the client for takeover, has substantial net operating losses.
XYZ Corporation and BB Corporation will be acquired as subsidiaries in the next six (6) months.
Use the Internet and Strayer databases to research the rules and income tax laws regarding Types A, B, C, and D reorganizations and consolidated tax returns. Be sure to use the six (6) step tax research process in Chapter 1 and demonstrated in Appendix A of your textbook as a guide for your written response.
Write a four to six (4-6) page paper in which you:
Compare the long-term tax benefits and advantages of each type of reorganization, and recommend the type of reorganization that will be most beneficial to the client.
Suggest the type of reorganization the client should use for the ABC Corporation based on your research. Justify the response.
Propose a taxable acquisition structure for the clients planned acquisitions over a nontaxable reorganization. Assess the value of a taxable transaction over a nontaxable reorganization for the client.
Examine the value and limitations of including the ABC Corporation if acquired as a wholly owned subsidiary in the consolidated return, and provide a recommendation to your client. Support the recommendation with applicable research.
Create a scenario that will allow the client to reduce any disadvantages from filing a consolidated return as a member of a controlled group.
Use the six (6) step tax research process, located in Chapter 1 and demonstrated in Appendix A of the textbook, to record your research for communications to the client.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Prepare client, internal, and administrative documents that appropriately convey the results of tax research and planning.
Evaluate tax-planning strategies related to liquidating distributions, acquisitions, and reorganizations.
Create an approach to tax research that results in credible and current resources.
Research and analyze tax issues regarding consolidated tax returns.
Use technology and information resources to research issues in organizational tax research and planning.
Write clearly and concisely about organizational tax research and planning using proper writing mechanics.
Write a reviewOrder Id
Order Id will be kept Confidential
Rating: A B C D F
Enter the code in the box below:
ACC 565 Week 10 Assignment 4 Tax-Planning Client Letter on Irrevocable Trusts, Gift Tax, and Estate Tax
ACC 565 Week 10 Assignment 4 Letter to Client TAX-PLANNING CLIENT LETTER ON IRREVOCABLE TRUSTS, GIFT TAX, AND ESTATE TAX Suppose you are a CPA, and your client has requested advice regarding establishing an irrevocable trust for his two (2) grandchildren. He wants the income from the tru..
This Tutorial contains 2 Different Papers ACC 565 Week 7 Assignment 3 Reorganizations and Consolidated Tax contains Due Week 7 and worth 250 points Suppose you are a CPA, and you have a corporate client that has been operating for several years. The company is co..
ACC 565 Week 4 Assignment 2 Constructive Dividends, Redemptions, and Related Party Losses (2 Papers)
This Tutorial contains 2 Different Papers This paper of ACC 565 Week 4 Assignment 2 Assignment 2 :Constructive Dividends, Redemptions, and Related Party Losses Suppose you are a CPA hired to represent a client that is currently under examination by the IRS. The client is th..
This Tutorial contains 2 Different Papers ACC 565 Assignment 1 Client Letter Assignment 1: Client Letter Imagine that you are a Certified Public Accountant (CPA) with a new client who needs an opinion on the most advantageous capital structure of a new corporation...
ACC 565 Midterm Exam Guide Question 1 Identify which of the following statements is false. Question..
ACC 565 Final Exam Guide Question 1 Barbara sells a house with an FMV of $170,000 to her daughter for $120,000. From this transaction, Barbara is deemed to have made a gift (before the annual exclusion) of ..