Answer
@misterking_59 add me i have the same quiz
Explanation:
Answer:
a. How will the $20,000 payments be treated by Fred and Tammy if covered by prior law? b. How will the payments be treated if the divorce is covered by new law? c. What is Tammy's basis in the residence? d. What role would a tax adviser play in a divorce?
Explanation:
a. For Fred, the 20,000 must be included in income. There is no deduction for paying alimony. For Tammy, the amount is not included in income.
b. If the divorce was complete prior to December 31, 2018, Fred can deduct the $20,000 payments as alimony.
If the divorce was complete prior to December 31, 2018, Tammy must include the $20,000 payments in gross income.
c. It's $100.000,00
d. Tax advisors are responsible for determining the value of property given in lieu of cash for an alimony payment.
Answer: Confidentiality / Non-Disclosure agreements
Explanation:
We've all watched movies where people discuss very secretive things over the phone or with another person while they are being driven and at some point we wonder why those discussing are not worried about the driver spilling the beans.
The reason is because these high-profile clients need to protect their privacy and so make sure that those working for them especially their security agents, sign Non-Disclosure or Confidentiality agreements that require them not to speak of the things they hear or see about their clients.
Should they breach this agreement, they will be in a wealth of legal problems as well as suffer reputational loss. Sometimes though this does not seem to work and they still breach the agreement. It is a good deterrent either way.
Answer:
Depends on the driver if hes a good driver or not
