Frazier LLC placed in service on June 19, 2020 computer equipment (5-year property) with a basis of $2,700,000. Assume that Frazier has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including § 179 expensing (but ignoring bonus depreciation)

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Why are there so many types of diversion programs for juveniles