Jessie (single) got a job working as an accountant for a large accounting firm. He...
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Accounting
Jessie single got a job working as an accountant for a large accounting firm. He receives a salary of $ The company that hired him, paid for a course to help him prepare for the CPA exams. If he had paid for the course himself, it would have cost him $ His company also paid him for all the CPA exam and state filing fees, which totaled $ Jessie contributes his salary towards a company sponsored plan. His company matches up to of employee contributions. His AGI before considering any of these items was $ Using the tax law, determine how these items will affect his taxes. Also provide tax authorities Like the irs or irc to support your reasoning.
Jessie single got a job working as an accountant for a large accounting firm. He receives a salary of $ The company that hired him, paid for a course to help him prepare for the CPA exams. If he had paid for the course himself, it would have cost him $ His company also paid him for all the CPA exam and state filing fees, which totaled $ Jessie contributes his salary towards a company sponsored plan. His company matches up to of employee contributions. His AGI before considering any of these items was $ Using the tax law, determine how these items will affect his taxes. Also provide tax authorities Like the irs or irc to support your reasoning.
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