Lending and Borrowing Discussion

Lending and Borrowing Discussion

Instructions/Descriptions

Advantages And Disadvantage of Lending and Borrowing Discussion

Suppose you need borrow $10,000 to resolve a personal matter (for example, to buy a reliable used car to get to work, repay a student loan, or pay off credit card debt you incurred as a misguided youth). In your initial post, identify three possible options available to you and discuss the advantages and disadvantages of each.

In response to your peers, compare your own suggested options with those of your classmates. Offer additional advantages and disadvantages that your classmates may not have thought of.

Financial Performance and Health Discussion

Prior to participating in the discussion, read the following articles:

Clothing Keeps Getting Cheaper, and Factory Workers Are Paying the Price

Study Finds Racial Discrimination by Airbnb Hosts

The Hershey Company – Responsibility

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Then, in this discussion, reflect on how CSR and ethics impact corporate value in the corporation you selected for your final project. As you write your initial post, be sure to address the following topics:

The positive and negative impact of CSR and ethics

Direct and indirect impacts (i.e., unethical behavior in terms of financial structure can result in regulatory and legal challenges)

In your responses to classmates, thoughtfully critique the responses from others. How you can apply your personal experiences to aspects of CSR and ethics from their posts?

Preparing Tax Returns For Your Client

Tax Research Paper

Assignment 1: Tax Research

Due Week 4 and worth 140 points

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You are an accountant preparing tax returns for your client. After filing for taxes, the Internal Revenue Service (IRS) has selected your client for an audit. The IRS disputed two items deducted in the tax returns filed by your client: travel expenses and entertainment expenses. After talking with your client, you are sure that your client is correct, and that the IRS’s position is not. You must provide a defense for the client that requires you to research the issues in order to render an educated opinion on a course of action for your client. Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.

Part 1:

Write a two to three (2-3) page paper in which you:

Prepare a defensible strategy for your client by using the six (6) steps in the tax research process.

Explain the tax laws that support your client’s claims for deducting the travel and entertainment expenses.

Create a fact-based argument that you plan to propose to the client as a defense of his / her position with the IRS.

Identify one circumstance that the IRS could use to discredit your client’s position.

Prepare a response to the IRS counter argument you identified above. Provide a rationale for how you arrived at the response.

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Cite at least one (1) reference from the IRS website or related official publications to support your argument. Note: Wikipedia and similar websites do not qualify as quality academic sources. You have access to Strayer University’s Online Library at https://research.strayer.edu and campus University Library Research page at https://icampus.strayer.edu/library/research.

Part 2:

Write a one to two (1-2) page letter in which you:

Create a letter on behalf of the client that outlines the key arguments in support of their position. Base the letter on the fact-based research you performed in Part 1.

Advantages And Disadvantage of Lending and Borrowing Discussion

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