Answer:
Several Medical and Law experts gathered together and debated the formation of a new half government half privatized department to assist the Fire Department and Police in the field faster than the hospital could. In fact back then even experts debated to make a law that drivers must yield to emergency vehicles. However that law didn't become official until 1996 when a Paramedic was struck and killed by another vehicle.
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:
Yes, indeed. Careful driving (ie low travelling speeds) helps reduce the risk of casualties.