In 2013 and with $200,000, Alice purchases a CD at State Bank listing title as follows: "Alice, payable on proof of death to Clark." Alice dies in 2020 and Clark (Alice's nephew) redeems the CD (now worth $205,000). Disregarding the annual exclusion, what is Alice's gift to Clark for both years

What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to