Tax Return College Essays Samples For Students

Introduction

The Federal income tax forms are developed in a way that suits the social and economic conditions of all the federal tax payers. This means that the forms put into consideration the different aspects of life evident in the lives of the taxpayers. These aspects of life include but not limited to marriage, education, income earned or generated, age, health and social schemes, business and overall functionality of the economy. In this regard, the individual tax payers’ decisions on the forms to choose when it comes to payment of federal taxes are greatly influenced by these life aspects in the ...

In this paperwork, I am going to demonstrate my understanding about Federal Unemployment Tax Act. I will start by defining the phrase Federal Unemployment Tax Act. The Federal Unemployment Tax Act is defined as the innovative legislation that permits the federal government to tax companies with staffs with the objective of collecting revenue that is owed to state unemployment agencies and paid to unemployed workers who are entitled to maintain unemployment cover. Employers are required by the Federal Unemployment Tax Act to file IRS Form 940 yearly in combination with paying this tax (Instructions for Form 940, Employer’s ...

Ethics in Tax Practice

For an individual professional to be termed as ethical, he has to conform to professional standards of a certain group, or profession. Therefore, tax practitioners need to comply with the tax legal requirements, as well as, American Institute of Certified Public Accountants (AICPA) rules, for them to be termed as ethical. The legal requirements, together with non-compliance penalties are found in Circular 230 in the Treasury department. They are also found in the Internal Revenue Code (1986). This paper discusses the legal tax requirements for the tax practitioners. The law is believed to be complex as many people find it ...

RE: Howdy Brewster

I have reviewed your memo regarding the case of Mr. Howdy Brewster. In 2011 Howdy signed a contract with the Aztec oil and Gas Company to build a pipeline across his property for the pipeline to cross over his property so that it can maintain its useful life. He received a given amount of $9,200 after the contract was signed and to resolve the issue with the neighbor paid an amount of $7,500 in so that the boundary can be sorted out with the neighbor as well. In September the same year, Howdy dammed a stream to have more water available ...