Answer:
A rebuttable presumption is assumed true until a person proves otherwise (for example the presumption of innocence). In contrast, a conclusive (or irrebuttable) presumption cannot be refuted in any case (such as defense of infancy in some legal systems).Explanation:
Answer:
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Explanation:
Answer:
E. Identity the problem.
Explanation:
To ensure domestic tranquility , one must identity the problem to process with.
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.
