Accounting Help

ACC497 Week 4 Rubric (Individual)

YOU MUST FOLLOWING THE FORMAT IN INCLUDING HEADINGS OR TITLE (LEAD-IN WORDS) OF YOUR PARAGRAPH.

Save your file as W4-your first name-your last name.

For example W4-Rick-Kwan

A 10% grade deduction if you failed to abide by this requirement.

Clearly label the question and requirement you are answering. Do not combine your answer to requirement 1, 2, 3 etc. in one paragraph. IF YOU FAIL TO DO SO YOU WILL NOT EARN ANY CREDIT. Submit only one file for the assignment. Submit both the I:1-48 Tax Strategy Problem and I:1-49 Case Study Problem in one Word document.

You MUST include a title page/cover page with your name on it.

Note that if your answer to the Content requirements are incorrect or invalid then you will not earn any points even if you meet the other requirements such as Organization/Development and Mechanics because all these will not matter if you did not answer the Content correctly.

If I furnish you with a sample paper you MUST MIODIFY it to meet the correct APA format.

Before you submit the assignment: Did you include a title page? Did you put all assignments in one Word file and arranged as well as labeled them in order and clearly label what question and requirement? Did you submit to the appropriate Assignment forum?

Fail to do any one of the above will cause you to lose a minimum of 10% of the available grade on EACH offense for this assignment. Extra points may be deducted (progressive deduction) when the offense is a repeated one. In this case the deduction may be more than the stated Points Available.

Key points:

Save your file as W4-your first name-your last name.

Minimum 1 point deduction if you failed to follow this requirement.

Include the annual gift tax amount donor not subject to tax (based on the textbook).

Minimum 1 point deduction if you failed to follow this requirement.

Organize your submission in the order by each case and by each requirement such as (a), (b) or (1), (2) etc. Or if you did NOT clearly and precisely include the question number and requirement number or without labeling at all. You will not earn any credit for this one violation. Minimum 5 points deduction if you failed to follow this requirement.

Grading Guide for assignments due in Week 4

Content Write your paper by answering the following questions in the order presented. You can use those questions as a header.	Points Available 5	Points Earned	Additional Comments:
Complete the following two problems. I:1-48 Tax Strategy Problem (approximate 350-word for this problem). 2.5 points. · You need to support your answer with the annual gift tax deduction amount. I:1-49 Case Study Problem (approximate 350-word for this problem). 2.5 points. · You need to clearly label your answer to Requirement as (a1), (a2) and (a3). The other requirement is (b). · Do note that for I:1-49 the additional questions you ask Mr. Gemstone must include the "key" question directly related to the case in order to substantiate the deductibility.
Mechanics (As related to the content of this assignment) This is NOT an APA paper.	Points Available	Points Earned	Additional Comments:
· Follow the order of assignments and requirements when answering.			The paper does not have to be in APA format.
Fail to include your name	Point Deduction (1)	Point Deducted	Additional Comments:
· Include a cover page. There is a ONE POINT deduction if you failed to include your name on the face of the submitted assignment.
	Total	/5

Note: This is NOT an APA assignment so you do not have to follow the APA paper submission

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Week 4 Individual Assignment 1-48, 1-49

Student Name

Course/Number

Date

Instructor Name

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I:1-48:

The annual gifts deduction amount of Pedro Bourbone to his children during his lifetime is ......

The annual gifts of Pedro Bourbone to his children has the following impact on his estate tax at death .......

I: 1-49

a. The additional questions I should ask Mr. Gemstone in an attempt to substantiate the deductibility of the following items are:

A $10,000 loss deduction on the rental of his beach cottage........

A $20,000 charitable contribution deduction for the donation of a painting to a local art museum........

A $15,000 loss deduction from the operation of a cattle breeding ranch.......

b. The tax research procedures might be applied to build the best possible case for Mr. Gemstone are .....

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References