Camille sikorski was divorced in 2017. she currently provides a home for her 15-year-old daughter kaly. kaly lived in camille’s home for the entire year, and camille paid for all the costs of maintaining the home. she received a salary of $50,000 and contributed $4,000 of it to a qualified retirement account (a for agi deduction). she also received $5,000 of alimony from her former husband (per divorce decree issued in 2017). finally, camille paid $15,100 of expenditures that qualified as itemized deductions. c. assume the original facts but now suppose camille’s daughter, kaly, is 25 years old and a full-time student. kaly’s gross income for the year was $5,100. kaly provided $3,060 of her own support, and camille provided $5,100 of support. what is camille’s taxable income?

Which of the following is not a consideration when determining your asset allocation

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.