How does a tax differ from your fine?

1) what is a tax? How does a tax differ from your fine? 21) briefly explain Adam Smith’s four canons of taxation. 43) Conrad, who has $220,000 of taxable income, plans to marry Anita, A college student with no taxable income. If they marry on December 21, 2019, they will file jointly and have $220,000 of taxable income for the year. If they wait until January 2020 to Mary, Conrad will have to file as a single person and report the $220,000 i’ll taxable income on his individual return. a. Will it be to their advantage to marry before the end of 2019 or should they wait until 2020? b. how much in tax will they save or have to pay extra if they marry in 2019? c. how would your answers change if Conrad and Anita and each expects $110,000 of taxable income in 2019? 49) June and John decide to form a business. They each plan to contribute $20,000 in exchange for a 50% interest in the business. They will then take out a bank loan for $30,000 to cover the balance of the working capital needs. They expect the business to make a profit of $64,000 in the first year and it will not make any cash distributions that year. Excluding the business income, June, files as head of household, has $110,000 of other ordinary taxable income. John is married and filed a joint return; he and his wife have $110,000 of other ordinary taxable income. They want to know how much tax the business will pay and how much additional tax they will personally pay in 2019 if they form the business as a partnership, capital S corporation, or capital C corporation. Consider only income taxes. Assumed you and John qualify for the 20% qualified business income (QBI) deduction. 53) Carl is a 30% partner in the CCF Partnership. At the beginning of the year, his basis in partnership is $4000. The partnership reports $7000 of ordinary income and distributes $3000 to the partners. What is Carl’s basis at the end of the year? 54) John and Martha are planning to be married. Both are professionals each with taxable income of $360,000 annually. They are deciding on a wedding date. They have two dates to choose from: December 14, 2019, or January 11, 2020. If they marry on December 14, 2019, they will have to choose between married filing separately and married filing jointly. Is there any advantage to either method of filing? If they postpone their wedding until the January date and file as single persons, will they reduce their tax bill for 2019? 65) Briefly describe the statistical information available when you go to the IRS website and click on About IRS, and then click on Tax Statistics.

Don't use plagiarized sources. Get Your Custom Essay on
How does a tax differ from your fine?
From $8/Page
Order Essay
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

Top Writers4me provides the best top-grade academic writing services in compliance with our customers’ instructions. Have your paper written by a certified professional online college homework help writer to produce only high-quality essays with zero plagiarism.

Professional Academic Writers

You can now choose from a pool of online college homework help writers. Choose your writer and have them write the best content for you.Top Writers4me has, over the years, secured a team of the most reliable, experienced, and qualified writers. You can, therefore, trust that your assignment is in good hands.

Affordable Prices

We know that students have very limited budgets. And for that, we always strive to provide only the best, most affordable online college homework help services to our customers. Our goal is to provide top-quality assignment help services to all customers at the lowest, most affordable prices.

On-Time delivery

At, we pay strict attention to deadlines. We recommend you to check out clients’ reviews for assurance that we will complete your assignments within the set deadlines. You can, therefore, trust that your paper will be done within and before the set deadline. Until now, we have not missed a single deadline.

100% Originality

Our homework helper experts write only 100% original and plagiarism-free content for all of our clients. We also have a Quality Assurance Department team that goes through all work submitted by our writers multiple times. You can, therefore, rest assured that any signs of plagiarized or unoriginal content will be rejected before it reaches your portal.

Customer Support 24/7 expert writers are always available 24/7 for customers who need assistance with using our website. You don’t have to check your watch the next time you want to have your assignment written. Our customer support is always available round the clock and ready to listen to your queries. Feel free to contact us via the Chat window or support email:

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

For years now, has stood as a leader in providing its customers with the best online college homework help service in the industry. And all you have to do is provide us with the details of your order. Leave everything else to us. We’ve always got you covered.


Essay Writing Services

Since we launched, deserved the best online “college homework help status” thanks to our essay ordering, writing, and delivery process. We deliver nothing but excellence in our results. Our essay writing services include impeccable grammar, zero-plagiarism, proper structure, and conformance to guidelines.


Admission and Business Papers

Our top-quality online college homework help services guarantee that you will be accepted into your desired university. You just need to fill out your admission and business papers, and our team of online homework help workers will handle the rest. We will help you achieve and secure the best positions in your admissions forms.


Editing and Proofreading

At, we have a skilled writing and editing team that’s dedicated to creating, editing, and restructuring for all types of papers. Our online college homework help editing and proofreading team will check, paraphrase, and correct any grammar mistakes on your paper before submitting the final document to you.


Technical Papers

At, we pride ourselves in having writers in almost all fields, even the most technical ones. You never have to worry about your paper being too technical for our certified online college homework help writers to handle. Mycoursewriter's team of writers can handle even the most complex writers. We will match your paper to the most competent writer that we believe will handle your paper the best way possible.