Partnerships: Formation‚ Operation‚ and Basis Lecture Notes SUMMARY OF CHANGES IN THE CHAPTER The following are notable changes in the chapter (and these Lecture Notes) from the 2013 Edition. For major changes‚ see the Preface to the Instructor’s Edition of the text. News Boxes Updated Tax in the News titled Trends in Partnership Usage. Updated Tax in the News titled LLC Members Not Automatically Treated as Passive. The Big Picture – Why use a Partnership‚ Anyway? Removed the
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Thomas Nagel’s essay titled “The Objective Basis of Morality”‚ Nagel claims that “[t]he basis of morality is a belief that good and harm to particular people (or animals) is good or bad not just from their point of view‚ but from a more general point of view‚ which every thinking person can understand” (Nagel 124). When applying this theory to the immorality of the price of higher education‚ it can be argued that making college so expensive is immoral because any thinking person can see it is bad. Peter
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non-tax issues or concerns that may differ across entity types are: * Lowering of self-employment and FICA taxes * Flexibility of special allocations * Adding new owners b) My recommendation for forming CCS is LLC. I chose LLC because the organizing business members may reduce their individual tax liabilities by operating as a LLC. CCS should be concerned about FICA and self-employment taxes. LLCs must pay self-employment taxes. As the business grows past 3-4 years‚ I recommend
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proved by revelations‚ both special and general. However‚ there is also a problem of which type of revelation is better than the other. I believe that special revelation is better than general revelation. Firstly‚ special revelation is direct intervention of God that really makes an impact. A general revelation which is supported and believed by lots of people is indirect and a person’s life often changes severely because of a special revelation. For example‚ take Allah’s revelations to the Prophet
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encourage discussion of the patient’s behavior outside the therapy relationship‚ though they differ in the degree to which they emphasize such discussions. Discussion of behavior within therapy is particularly characteristic of dynamic theory‚ in which it has been conceptualized as one form of confrontation‚ and in interpersonal therapy‚ in which it is perceived as a core therapeutic technique. We propose that by distinguishing it from other forms of confrontation‚ and by highlighting the technique’s focus
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accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis. Both
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Above is the quote in which I believe best describes the phrase‚ “Hybrid Identities” in Magalí Murià Tuñón’s dissertation of Tijuana and cross border consumption. The word hybrid describes a mixture between two different objects. In Magali’s dissertation hybrid describes the Mexican/American people and their culture which they have cultivated living in Tijuana. The quote mentioned earlier accentuates this concept of “Hybrid Identities” in terms of Mexican/American’s. In Magali dissertation she talks
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Today vs. The World Fifty Years Ago The world that we live in today may have many more advances than the world that people lived in fifty years ago‚ but‚ that does not necessarily mean that today’s world is better. The saying‚ "Keep it simple‚" is a very basic‚ and yet‚ accurate way to begin the comparison between the world today versus the world fifty years ago. There is no doubt that the world fifty years ago was a much better world than what we are currently living in. Family living and family
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her parents‚ however it has deteriorated over the past two years as Jane has become argumentative and emotionally distant from both parents. Six months ago‚ while living in New York‚ Jane asked her father if she could return to Canada because she was no longer getting along with her mother. John said no. Two days later‚ Jane ran away to her Uncle Billy in California. She left a message for both of her parents
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African Politics Final Examination 1. It has been observed that‚ “the basis of the modern African state is the colonial state.” In what ways is this so and how has the reality impacted efforts to achieve political stability‚ democracy‚ and development in post-colonial Africa? The colonization of Africa‚ or the more often called “Scramble for Africa” is a defining and greatly know defining portion of Africa’s history. Despite the extensive and diverse history of Africa‚ the colonization
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