Discuss the factors that should be considered when determining deductions for charitable contributions.

An Indirect Route to a Contribution Deduction
In July, a plane crashed into a residential community in Middleboro, destroying and damaging many homes. Tanya’s church, a qualified charitable organization, initiated a fundraising drive to help the Middleboro citizens whose homes had been affected. Tanya donated $50,000 to first Middleboro church and suggested to the pastor that $25,000 of her contribution should be given to her sister, Tanesha, whose home had suffered extensive damage. The pastor appointed a committee to award funds to needy citizens. The committee solicited applications from the community and awarded Tanesha $15,000.

– Discuss the factors that should be considered when determining deductions for charitable contributions.
– Evaluate whether or not Tanya is justified in deducting the full $50,000 of her charitable deduction when the charity awards only $15,000 of the gift to Tanya’s sister and victim of the plane crash.
– Persuade the classmate your position is stronger by refuting his or her points.

Between a Rock and a Hard Place.
Robert Ryan, a candidate for governor, has released his income tax return to the public. As Ryan’s former tax advisor, you examine the return closely and realize that a considerable amount of his income was not reported on the return. You confide to a friend in the tabloid newspaper business that you are aware that a candidate for high public office has filed a fraudulent tax return. Your friend assures you that you will be able to sell your story for at least $25000 to a tabloid and still remain anonymous. Another friend, a CPA, argues that you should inform Ryan and give him an opportunity to correct the problem. You tell your friend that you are concerned that Ryan will be very vindictive if you approach him about the issue.

– Discuss how the $25,000 would be taxed if you chose to sell your story to a tabloid newspaper.
– Evaluate the pros and cons of each decision and then indicate what you would do.
– Evaluate the ethical aspects of your decision.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages

Order your essay today and save 7% with the discount code RBEST7