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:
B. You notice your hair sticking out.
Explanation:
A personal distraction is a distraction that has to do with you, yourself. Noticing your hair sticking out involves yourself.
Answer:
Option d. All of the above must be evidenced by a record for the agent to have authority
Explanation:
A power of attorney is a written authorization to represent or act on another's behalf in private affairs, business, or some other legal matter. The person authorizing is the principal while the person authorized to act is the agent or the attorney-in-fact. An agency relationship is a relationship where the principal allows an agent to act on his or her behalf.
Since all of the above are agency contracts, they must be evidenced by a record to be valid. There must be a legally binding document between the principal and the agent for the relationship to be valid.
Answer:
right to a speedy and public trial,
Explanation:
In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be
