Amos is a self-employed tax attorney. He and Monica, his employee, attend a conference in Dallas sponsored by the American Institute of CPAs. The following expenses are incurred during the trip:

Amos Monica
Conference registration $900 $900
Airfare 1,200 700
Taxi fares 100 0
Lodging in Dallas $750 $300
Amos pays for all of these expenses.

a. What is the tax effect of these expenses for Amos? ( Multiple Choice )

The expenses are ( deductible for AGI - deductible from AGI - not deductible )

b. Calculate the total amount of deductible expenses (for both Amos and Monica).

Conference registration $
Airline tickets
Taxi fares
Lodging
Total $
c. If the American Bar Association had sponsored the conference, calculate the total amount of deductible expenses (for both Amos and Monica).

( $ )

The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.