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A WAN is a network limited by geographic boundaries.

AJAX owns land for business use that has an adjusted basis of $60,000. AJAX exchanged this parcel of land for some new land that had fair market value of $80,000, and $5,000 cash received in the exchange. This exchange qualifies for like-kind exchange treatment. Determine the amount of AJAX’s deferred gain, if any.

Anna is doing a presentation on health insurance plans. What is the absolute worst type of healthcare plan one should never ever choose, because unexpected medical expenses may occur and be very costly?

The general rule regarding the basis in the new property received in a like-kind exchange is:

A virtual private network (VPN) can operate securely over the Internet and still provide high levels of security through encryption.

Tabitha is researching  vacation time for the upcoming aPHR test. Who has the least generous time off policies (when you include paid holidays)?

Rhya is trying to determine whether Employee 54 is a contractor or employee. Employee 54 does not have a unique skillset, is supervised by employer and is hired indefinitely. What is Employee 54’s classification?

In the current year, Nash Corporation donated $250,000 cash to a qualifying charity. For the year, Nash had current year taxable income of $1,980,000 before deducting the donation and a NOL carryover from last year in the amount of $25,000. What amount of the donation is Nash allowed to deduct in the current year?

If a taxpayer places a $50,000 machine in service in February, and in November a $10 million building is placed in service, the mid-quarter convention will apply.

Darcy is a 40% shareholder in McKinnon, an S corporation. In the current year, McKinnon reports ordinary income of $36,000, §179 expense of $10,000, and qualified dividend income of $6,000. McKinnon made a $10,000 distribution to Darcy and Darcy had beginning of the year stock basis of $30,000. Determine Darcy’s ending stock basis.