{"id":201379,"date":"2018-09-13T22:34:36","date_gmt":"2018-09-13T22:34:36","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/13\/acct-553-week-1-homework\/"},"modified":"2018-10-24T09:04:34","modified_gmt":"2018-10-24T09:04:34","slug":"acct-553-week-1-homework","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/acct-553-week-1-homework\/","title":{"rendered":"ACCT 553 Week 1 Homework"},"content":{"rendered":"<p>Chapter 1 (5 pts)\t1. Briefly discuss the purpose of the Sixteenth Amendment\tChapter 2 (5 pts)\t2. Explain the two &#8220;safe harbors&#8221; available to an Individual taxpayer to avoid a penalty for underpayment of estimated tax.\tChapter 3 (5 pts)\t3. Explain the distinction between an &#8220;above the line&#8221; deduction (i.e. FOR AGI) and a below the line deduction (i.e. FROM AGI). Which one is more valuable?\tChapter 13 (5 pts)\t4. What is an Installment Sale? Is it a form of income &#8220;deferral&#8221; ? When\u00a0can&#8217;t\u00a0you elect this form of reporting?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chapter 1 (5 pts) 1. Briefly discuss the purpose of the Sixteenth Amendment Chapter 2 (5 pts) 2. Explain the two &#8220;safe harbors&#8221; available to an Individual taxpayer to avoid a penalty for underpayment of estimated tax. Chapter 3 (5 <a href=\"https:\/\/www.benedictsol.com\/blogs\/acct-553-week-1-homework\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-201379","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/201379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=201379"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/201379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=201379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=201379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=201379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}