Research essay on individual taxation - FOR USA FREELANCERS ONLY

This project received 13 bids from talented freelancers with an average bid price of $143 USD.

Get free quotes for a project like this
Employer working
Skills Required
Project Budget
$30 - $250 USD
Total Bids
Project Description

Hi, I am looking for a freelancer who has knowledge of accounting concepts and individual taxation. I have academic assignments that have strict deadlines.

Here is the first assignment:

Investment Credit Recapture
This is a research problem/paper.
Assume you have a carpet cleaning business and you purchased an asset on May 15, 2007 for $100,000. The full 10% investment credit was taken on the asset.
In June 2011, a code section 108 election is made to exclude gain arising from the business indebtedness in the amount of $7000.
Is this a case for investment credit recapture? If yes, by how much. If no, explain the reasons.
Please complete a 1500 word to discuss the above scenario.

Looking to make some money?

  • Set your budget and the timeframe
  • Outline your proposal
  • Get paid for your work

Hire Freelancers who also bid on this project

    • Forbes
    • The New York Times
    • Time
    • Wall Street Journal
    • Times Online