accounting assignment 100
The assignment should be 1-2 pages, with reference support where appropriate addressing the following questions, Please make sure to use headings to separate on each question parts of the assignment:
1. What are the objectives of federal income tax law?
2. What is the alternative minimum tax?
3. What is a capital asset?
4. What is the formula for determining a client’s income tax liability?
5. What are some of the types of government rulings issued as guidance to taxpayers?