Amy, a self employed US customs broker, obtained a customs broker’s license from US Customs and Border Protection in 1991. Since 2003 Amy has operated a customs brokerage business, Atlantic Air Express, LLC, (Atlantic Air), from her home. For 2004 Amy reported self employment income of $45,649. From this activity, Amy reported a net profit on Schedule C, Profit or Loss From Business, for each year from 2005 to 2011. For 2007 the year in issue, Amy reported a net profit of $130,872 on Schedule C.

Amy began breeding Great Pyrenees dogs in 1994 on a half acre of property in New York, where she sets up kenneling facilities. Amy incurred expenses to set up the kennel and to purchase dogs, food, grooming supplies and equipment, a vehicle to transport the animals, and advertising. From 1994 to 1999 Amy sought to build the prestige and reputation of the dog breeding operation, Impyrial Great Pyrenees (Impyrial), by producing a robust stock of Great Pyrenees dogs and showing the dogs at dog shows. She spoke with experienced Great Pyrenees breeders and visited various successful kennels to gather information for developing a breeding program. Amy’s dog breeding activity sustained losses every year until 2010, for which she reported a small net profit.

In 1999, when Amy owned five dogs, she moved Impyrial to a 15-acre farm in Orange County, New York. The purpose of the move was to accommodate a large breeding program. Amy also obtained a purbred dog license from the New York State Department of Agriculture and Markets, which is available only for kennels that maintain more than 10 dogs. By 2007 Amy owned 26 dogs.

Amy’s main source of income from the dog breeding activity is the sale of puppies. Amy typically charges $1,200 for a puppy but charges as much as $4,000 for a puppy sired from one of her top winning show dogs. Amy sold approximately six puppies between 1994 and 1999. During 2000 and 2001 Amy’s dogs produced six litters. In 2002 the dogs began to have fertility problems. Amy’s dogs had other health problems that also disrupted the breeding program, including Lyme disease, bacterial infections, and thyroid problems. From 2002 to 2009 Amy attempted to breed 46 female dogs, resulting in 17 pregnancies. The pregnancies produced 13 litters. In 2009 after consultations with veterinarians and fertility specialists Amy administered a month long antibiotic treatment to all of the dogs and treated some of the female dogs with thyroid medication. Amy’s dogs produced two litters shortly after the medical treatment. These were the first pregnancies in nearly 18 months. Amy sold 18 puppies in 2010.

In addition to selling puppies, Amy sells semen from the male dogs to breeders and charges stud fees ranging from $1,200 to $2,500 for top winning show dogs.

Amy reported profit or loss on Schedule C for Impyrial as follows:

Year             Income                   Expenses      Gain or (loss)

2005             $4,729                    $76,590        ($71,861)

2006             6,900                  96,996          (90,096)

2007             4,600                   71,116         (66,516)

2008             4,500                  69,340         (64,840)

2009             6,800                  30,790           (23,990)

2010             33,600                  30,120          3,480

2011                8,320                    27,369          (19,049)

Amy reported the income and expenses attributable to Impyrial on a Schedule C attached to her 2007 Federal income tax return. Amy asserts that (1) she engaged in the activity with the intent to make a profit and (2) that her return for taxable year 2002 was examined and that the Commissioner of Revenue allowed her to treat Impyrial as a trade or business.

Commissioner of Revenue determined that Amy did not engage in the dog breeding activity for profit and disallowed Amy’s expense deductions claimed in excess of the reported income.

Please note that Amy began Impyrial in 1994. Impyrial sustained losses every year from 1994 to 2009. The record does not reflect the amounts of Impyrial’s income, expenses, and losses between 1994 and 2004.

QUESTIONS

Based on the facts presented and information presented in chapter 6, do you believe that Amy's activity constitute a trade or business. EXPLAIN

Assume that you work as an agent of the IRS and you are challenging Amy's tax position. What argument will you present against Amy?

     3) Assume that Amy is your client and was audited by the IRS. What arguments will         

           you present to defend your Client?

Cohleland, a developing country, has a government that wants to encourage the country’s growth.

In each scenario, what policy would you recommend the government of Cohleland to enact in order to increase growth?

The country has an abundance of capital and labor with low levels of human capital and technology.The country has low levels of capital, human capital, and technology; however, there is plenty of labor.

The country has an abundance of capital and labor with low levels of human capital and technology. Also, Zackburgh, a rich city-state near Cohleland has been offering fast track citizenships to any person from Cohleland who has earned a college degree.  

1. Joe earned $100,000 in salary and $6,000 in interest income during the year. Joe’s employer withheld $11,000 of federal income taxes from Joe’s paychecks during the year. Joe has one qualifying dependent child who lives with him. Jeremey qualifies to file as head of household. Assume the original facts except that Joe had only $7,000 in itemized deductions. You may use the IRS instructions to form 1040.

a. Determine Joe’s tax refund or taxes due. You must show work.

b. Copy and paste the applicable table showing tax rates used.

QUESTION 1  The number of customers per shop per day for a franchised business with nearly 10,000 stores nationwide is 900 people To increase the number of customers, the franchise owner is considering cutting down on the price of coffee drinks To test this new initiative, the store has reduce coffee prices in a sample of 25 stores. It is found that the mean of the number of customers per store in one day is 974 and the standard deviation is 96. At the 0.01 level, indicate whether there is significant evidence that reducing coffee prices is a good strategy to increase the mean of customers

  A study by the Pew Internet and American Life Project found that Americans have a complex and divisive attitude toward technology. This study reports that 8% of respondents are 'Omnivores,' who like gadgets, send text, make videos and upload material to YouTube. Andy believes that the percentage of students at his university 'Omnivores is greater than 8%. Andy took a sample of 200 students at his university and found that 30 students could be classified as' Omnivores. At the 0.05 level, indicate whether there is significant evidence that the percentage of Omnivores in the university is greater than 8%.

John, an XYZ university employee, noticed a warning message on his computer saying that the system has been attacked by a worm Win32.VB. Even though the antivirus software was present in the system, the software failed to detect the new worm because it was not updated to the latest version. When John tried to open his e-mail, he experienced a slow internet connection. He noticed there were some unusual file names in the disk. John immediately informed his friend Bob, who was also an XYZ employee, of the problem. Bob checked his computer in his office and experienced the same problem as John. John and Bob checked several computers in the laboratories, and found that Win32.VB worm had infected many other computers in the laboratory. They contacted the system administrator of the XYZ University. The system administrator checked the computers in the laboratory and reported the incident to the incident response team. The system administrator also checked the computers in other laboratories. As a result of the worm attack the activities in the XYZ University laboratory were suspended for a day, which caused a great inconvenience

Suggest actions to improve the detection of similar events ??

I NEED PLEASE ENVIRONMENTAL ANALYSIS IN UBER MARKETING PLAN THE PLACE IS CYPRUSS MAGUSA (FACULTY , MARKET)

I. ENVIRONMENTAL ANALYSIS THAT CONCLUD JUST

Competitive forces

B. Target Market(s) CYPRUSS MAGUSA

THE MINIMUM 4PAGES THE CLASS IS MARKETING.

THANK YOU.  locals are students who go to the university and tourists who go to the castle its tourist city and there is a lot of students for the market conditions Northern Cyprus's economy operates on a free-market basis, with a significant portion of administration costs funded by Turkey. The TRNC uses the Turkish lira as its currency, which links its economic situation to the Turkish economy.  

20.37) Researchers claim that women speak significantly more words per day than men. One estimate is that a woman uses about 20,000 words per day while a man uses about 7,000. To investigate such claims, one study used a special device to record the conversations of male and female university students over a four- day period. From these recordings, the daily word count of the 20 men in the study was determined. Here are their daily word counts:

What value we should remove from observation for applying t procedures?

A 90% confidence interval (±±10) for the mean number of words per day of men at this university is from  to  words.

Is there evidence at the 10% level that the mean number of words per day of men at this university differs from 9000?

Question: Historical Relationship between South African Rand, US dollar and currencies of the BRIC Countrie...

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Historical Relationship between South African Rand, US dollar and currencies of the BRIC Countries I BRICS is an acronym for the association of the economies of Brazil, Russia, India, China and South Africa and BRIC is a similar acronym excluding South Africa. Mweleco FX Pty LTD, a foreign exchange trading company based in Johannesburg, has been contracted by a hypothetical Namibian Stock Exchange (NSE) to examine the historical relationship between the Rand(as a proxy for the Namibian Dollar- N$), currencies of the BRIC countries and the US Dollar from April 9, 2006 to March 27, 2011. Issues of interest to the NSE are: • The historical volatility (risk) between the currencies of the BRIC currencies, South African Rand and the US dollar during the period; Project Historical Relationship between South African Rand, US dollar and currencies of the BRIC Countries II • The relationship between BRICS currencies. You are required to provide a brief report (Minimum 4 pages and maximum 8 pages (including tables, figures, references etc.) to the NSE covering the following:

(a). A brief introduction of the study;

(b). Brief literature review on general issues around currency volatility (risk) and returns;

(c). Relationship(s) between the South African Rand, US Dollar and the sampled currencies of BRIC countries and whether the relationship(s) can be, predictably, explored;

(d). Brief discussion of the empirical findings from the study;

(e). Conclusion and some recommendations to the NSE.

Make a professional and well-founded essay. Citations and references are optional.

Discuss the concept SOCIAL SCIENCES and break down each one of the disciplines related to it for the study of the activities and behavior of human beings.