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Textbook Notes for Taxation at University of Central Florida (UCF)

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UCFTAX 4001Leigh RosenthalSummer

TAX 4001 Chapter 11-12: Tax4001 Essentials of Taxation Notes 11B

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A deduction for agi is allowed for qualified \ and related expenses involving higher education. This deduction is the lesser of the qualifying amount s
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UCFTAX 4001Leigh RosenthalSummer

TAX 4001 Chapter Notes - Chapter 12A: Adjusted Gross Income, Tax Rate, Qualified Dividend

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S corps, c corps, partnerships and sole proprietorships. Why is one better than the other. Generally do not pay federal income tax. Ordinary business i
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UCFTAX 4001Leigh RosenthalSummer

TAX 4001 Chapter Notes - Chapter 11A: Independent Contractor, Itemized Deduction, Macrs

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Classifying somebody as a contractor rather than as an employee may be intentional to cut costs. Individuals do not need to be given fringe benefit pro
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