Literature Review Essay Example | Topics and Well Written Essays - 2500 words - 1

Literature Review - Essay Example The culture of an organization has also come to be defined as the values that contribute to the creation of an environment that is conducive both psychologically and socially and enable employees to work effectively without worrying about any conflict related to their work procedure (Kilcullen & Judith 1999). Because of its great importance to the organization, it is a fact that it is subject to change and this change has to be well managed by the organization’s administration for it to become effective. Plenty of literature has been written concerning the various aspects of change that take place in an organization’s culture and most of this literature has spanned decades. Changes can be made to the organizational culture through strict management of all the new behaviours that are introduced within the organization. The implementation of change to the culture of an organization is the process through which changes are made in an organization with the intention of achi eving a certain result in the future. In addition, it can be said to be a process which comes to affect the daily activities of an organization, such as how it is managed and how teams and individuals work together in order to achieve the goals which have been set (Arce 2006). While there has been some dispute concerning whether change to the culture of an organization can be changed, it is a fact that change is necessary for the continued thriving of the said organization. This is the reason why, despite the resistance that may be encountered from those individuals within the organizations who have become too comfortable in the current culture, changes have to be implemented. This is the reason why there has to be a procedure which is followed in getting changes in an organization to be introduced and after the introduction, to achieve approval from all those involved (Shook 2010). The implementation of changes to the organizational culture has come to be recognized as one of the m ost important aspects of the running of organizations and as such, plenty of literature concerning it has been written, as the different ways of conducting such changes have been analyzed (Lakos & Phipps 2004). While most of the said literature often adopts a negative attitude concerning the implementation of changes within organizations, it is a fact that most of the organizations that have attempted these changes have witnessed a measure of success. This is because as stated by Sims (2000) change is inevitable within the culture of an organization if it is to remain relevant in the performance of its duties. One of the most important aspects of the organizational culture is that the values embodied within it are based on the knowledge that has been gained in the history of the organization from its founding as well as the existing knowledge of the organization, which forms the philosophies that hold the organization together. It is these philosophies which have to be changed over a certain period of time in order for the management of an organization to be able to achieve a complete change to its culture (Nastase, Giuclea & Bold 2012; Wines & Hamilton 2009). However, there are certain instances

Globalization_Integrative_essay Essay Example | Topics and Well Written Essays - 750 words

Globalization_Integrative_essay - Essay Example Robinson and Amartya Sen respectively. William Robinson argues, â€Å"Scholars and activists have tended to underrate the  universal nature of the dynamics involved in globalization that is redefining all the basic reference points of human community and social evaluation, and needs a modification of all existing patterns.   In the systemic dynamics which are driven by and that drives globalization, we are gradually witnessing an international conflict between capital and poor labor force in the South,  and  a labor force that is being proletarianised in the North. Robinson argues that this divergence is incubated via and worsened by technologically mediated novelties in capitalist production procedures that gradually discipline labor.  Disciplinary activities   comprise: threats of outsourcing; enforcing dynamics to terms of employment; employing technology and competence in production to drive down wages; privatization or attrition of social welfare; the employ of technology to supervise the work; and grad ually deflationary economic laws that attack standards of living for all-bar social elites. For Robinson, the means through which international capital is hatched out of state capitals in the global North is the main theme of globalization. He sees an effect in the capture by international elites of the state equipment for control in the global North and the effort to do so in the global South. He continues arguing in a  discussion paper  that in realizing the procedure of capitalism in its neoliberal phase, and in shaping reactions to it, it is critical to evaluate how  globalization is â€Å"a qualitatively new international stage in the on-going development of world capitalism†. This backs  Ellen Meiksins Wood’s view that we are living at a time when capitalism for ones has become a real universal system. Capitalism is worldwide also in the feeling that its logic – the logic of accumulation, profit-maximization, commodification, competition – has

Civil Laws and Religious Authority in Jonathan Swifts Gullivers Trave

Civil Laws and Religious Authority in Gulliver's Travels  Ã‚  Ã‚  Ã‚  Ã‚   In part one of Gulliver's Travels, Swift present readers with an inverted world, not only by transplanting Gulliver to a land that's only a twelfth the size (a literal microcosm), but also by placing him into a society with different ethical and civil laws.   Swift uses these inversions not only to entertain the readers imagination, but more importantly, to transform our perspectives to understand alien worldviews (e.g. in part four, there is great detail given to explain the Houyhnhnms' views on marriage, health, astronomy, poetry, language, death, and reproduction).   The Lilliputian conflict that erupts from the egg law (found in part one, chapter four) is an inversion, which (1) parallels the conflict of the Protestant reformation; and (2) argues that warring over religious viewpoints is futile and destructive to society, and (3) mandates lawmakers to be wary of creating laws that contradict religious teachings.   The conflict between the Lilliputians and Blefuscudians resembles the Protestant and Papist struggle because it's a struggle about interpretation of scripture. The "great prophet Lustrog, in the fifty-fourth chapter of the Brundecral" decrees that "all true believers shall break their eggs at the convenient end" (2353). The Blefuscudians (like Roman Catholics) hold a traditional view of scripture, and in their case, " the primitive way of breaking eggs . . . was upon the larger end" (2353), and that was "ancient practice" (2353). The Lilliputians (like Protestants), broke from tradition and held a personal view of scripture, as the Emperor decreed, "to break the smaller end of their eggs" (2353). And for "six and thirty moons past" (2353), the Lil... ...egg law that caused so many wars because of religious persuasions, Swift causes all lawmakers (and thus democratic voters) to be wary of instituting laws that conflict with religion.   Thus the seemingly silly egg law, points to huge ideas that affect every society. When Gulliver first awakes in Lilliput country, Swift has him strapped down staring at the sky, in a new land, with a new language, with new laws.   Swift, in a sense, straps us all down, to teach us about new perspectives and the importance of tolerance.   In Swift's inverted world, he parallels the Lilliputian conflict with the protestant reformation, argues for toleration of religious viewpoints and to not war over them, and instructs all lawmakers to be wary of creating laws that contradict religious teachings. Works Cited: Swift, Jonathan. Gulliver's Travels. Oxford: Basil Blackwell, 1959. Civil Laws and Religious Authority in Jonathan Swift's Gulliver's Trave Civil Laws and Religious Authority in Gulliver's Travels  Ã‚  Ã‚  Ã‚  Ã‚   In part one of Gulliver's Travels, Swift present readers with an inverted world, not only by transplanting Gulliver to a land that's only a twelfth the size (a literal microcosm), but also by placing him into a society with different ethical and civil laws.   Swift uses these inversions not only to entertain the readers imagination, but more importantly, to transform our perspectives to understand alien worldviews (e.g. in part four, there is great detail given to explain the Houyhnhnms' views on marriage, health, astronomy, poetry, language, death, and reproduction).   The Lilliputian conflict that erupts from the egg law (found in part one, chapter four) is an inversion, which (1) parallels the conflict of the Protestant reformation; and (2) argues that warring over religious viewpoints is futile and destructive to society, and (3) mandates lawmakers to be wary of creating laws that contradict religious teachings.   The conflict between the Lilliputians and Blefuscudians resembles the Protestant and Papist struggle because it's a struggle about interpretation of scripture. The "great prophet Lustrog, in the fifty-fourth chapter of the Brundecral" decrees that "all true believers shall break their eggs at the convenient end" (2353). The Blefuscudians (like Roman Catholics) hold a traditional view of scripture, and in their case, " the primitive way of breaking eggs . . . was upon the larger end" (2353), and that was "ancient practice" (2353). The Lilliputians (like Protestants), broke from tradition and held a personal view of scripture, as the Emperor decreed, "to break the smaller end of their eggs" (2353). And for "six and thirty moons past" (2353), the Lil... ...egg law that caused so many wars because of religious persuasions, Swift causes all lawmakers (and thus democratic voters) to be wary of instituting laws that conflict with religion.   Thus the seemingly silly egg law, points to huge ideas that affect every society. When Gulliver first awakes in Lilliput country, Swift has him strapped down staring at the sky, in a new land, with a new language, with new laws.   Swift, in a sense, straps us all down, to teach us about new perspectives and the importance of tolerance.   In Swift's inverted world, he parallels the Lilliputian conflict with the protestant reformation, argues for toleration of religious viewpoints and to not war over them, and instructs all lawmakers to be wary of creating laws that contradict religious teachings. Works Cited: Swift, Jonathan. Gulliver's Travels. Oxford: Basil Blackwell, 1959.

Brutus in the play Julius Caesar by Shakespeare Essay

Marcus Brutus is a character in William Shakespeare’s Julius Caesar which is based on the true story of events in Rome more than 2,000 years ago. Caesar’s loyal friend, Portia’s loving husband, and a noble Roman. However, he leads other conspirators and murders Caesar. People often question, is Brutus a hero or a villain? Brutus is not a hero nor a villain because he is not totally bad or good. Brutus doesn’t kill Caesar for power, but the good of Rome. Brutus is not a villain because he trusts Antony and refuses to murder him. Brutus is a villain because he is overconfident and therefore their actions fail. There is no human that is totally bad or good in story nor real life. Brutus loves Caesar but kills him because he believes that Caesar is not a good leader and that Caesar’s ambitions are dangerous to the future of Rome. The decision to kill Caesar is not easy for Brutus and his wife sees that. Portia tells Brutus she believes he has â€Å"some sick offence within your mind† (II.i.267-270) and that is why he can not sleep. The fact that he can not sleep shows that he is thinking about the murder and not comfortable with it. Also, he will not share his thoughts with his wife, even though she believes that â€Å"which by the right and virtue of my place/ I ought to know of†(II.i.267-270). When Brutus says â€Å"Not that I loved Caesar less, but that I loved Rome more.† (III.ii.26) he means that he believes his actions are for the benefit of the Republic not to improve his position. During Brutus’s speech at Caesar’s funeral, he reveals his motive â€Å"I honour him; but, as he was ambitious, I slew him.† (III.ii.26) He tells the Romans they are better with Ceasar dead since if they would â€Å"rather Caesar were living and die all slaves, than that Caesar were dead, to live all freemen?† (III.ii.21-24). Brutus believes that Caesar would have turned the freemen of Rome into his slaves and therefore was not the best leader for Rome. Cassius must also convince Brutus that Caesar’s murder is good. Cassius tells Brutus a story about a day in the winter where they swam in a river and Caesar almost drowns. Cassius uses this story to show Brutus that Caesar is just a man, not worthy of his â€Å"name being sounded more than yours?† (I.ii.143) Cassius also tell Brutus that the fault â€Å"is not in our stars/ But in ourselves† (I.ii.140-141) which sounds like Brutus has a choice about the future of Rome. Brutus is not a villain because he trusts Antony and refuses to murder him which shows that Brutus isn’t interested in gaining power and he has a good heart. Brutus believes that â€Å"For Antony is but a  limb of Caesar. /Let’s be sacrificers, but not butchers†(II.i.165-166) and that without Caesar Anthony is not be a threat. He says, â€Å"And for Marc Antony, think not of him,/ For he can do no more than Caesar’s arm/ When Caesar’s head is off†(II.i.180-183). He does not want to murder innocent people, because he believes the â€Å"Our course will seem too bloody† (II.i.162). Brutus is a villain because he is overconfident and does not listen to the words of Cassius. His overconfidence is shown many times. Brutus shows his over confidence when talks about Cicero. On the day Ides of March, Brutus was discussing with other conspirator about if Cicero should go with them. Although other conspirator want Cicero to join them, Brutus don’t agree with that, he said, â€Å"O, name him not. Let us not break with him,/For he will never follow anything†(II.i.156-157). Later, when Cassius is talking about how he fears Antony, Brutus says â€Å"And for Mark Antony, think not of him,/For he can do no more than Caesar’s arm/When Caesar’s head is off.†(II.i.188-190). Also he believes that Anthony can speak at the funeral since whatever Antony speaks â€Å"I will myself into the pulpit first/ And and show the reason of our Caesar’s death./ What Antony shall speak, I will protest.† (III.i.237-239) and the people will believe him. In conclusion, Brutus is not a hero and not a villain. He kills his best friend, but it is for the good of Rome. Therefore he is not a villain. He trusts Antony, but that trust is the reason their plans to prevent Rome becoming a republic fails. Therefore he is not a hero. Although Antony calls Brutus â€Å"the noblest Roman of them all.†, he is overconfident. And this overconfidence leads to his suicide. Is difficult to say he is a hero or a villain. Because if he change his action, the history will change. Once the history change, our life today will change, too. One thing we learn is, no matter Brutus’s action is good or bad, he try his best and do what he believe is right to make himself and other people a better life.

Analysis Of The Color Purple By Alice Walker - 776 Words

Alice Walkers rough life growing up, gives us a clear image of how her background impacted the delicate themes she writes about in her novels. For example, at a young age, Walker was insecure about her appearance, which led her to a new mental state of mind. In an interview of Alice by OBrien, she describes, I daydreamed of falling swords, putting guns to my heart or head, and of slashing my wrists. (OBrien). Alice Walkers insecurities led her to be depressed, which then introduced her passion for writing. Alice Walkers history of depression may pinpoint the reason she started writing but moreover, what she started writing. Alice Walker writes about sensitive topics including racism, sexism religious views, and homosexuality. Many†¦show more content†¦The Color Purple also contains many examples of gender inequality, contributing to the push for banning the novel. An example is when Mr. ____ is describing Celie, he declares, Look at you. You black, you poor, you ugly, you a woman. Goddamn, he say. You nothing at all.† (Walker 206). Mr. ____ believes that women are worthless and therefore, the wrong doings he has committed against Celie do not matter. This reference can give readers the wrong perspective of women, thinking that men have right to abuse womens rights. According to Walker, we see that Mr. ____ shamelessly points out flaws of Celie, causing her to feel worthless and uncomfortable, hence showing explicit gender inequality and abuse used in the novel. The clear use of malicious language is a definite reason why The Color Purple should be banned. Additionally, Walker exhibits the theme of gender inequality on page 206 when Mr. ____ fights to get Celie to work for him and not leave with Shug Avery. He says, Whoever heard of such a thing, I probably didnt whop your ass enough. (Walker 206). In effect, when Celie is informing Mr. ____ that she will be leaving and staying with Shug Avery, he does not want Celie to leave because she does eve rything asked of her, this is unfair to Celie. Again Walker, a controversial feminist, is illustrating the idea that Celie is an independent woman who should be allowed to makeShow MoreRelatedAnalysis Of The Color Purple By Alice Walker1173 Words   |  5 Pagestheir heads!† â€Å"Touch the spinning wheel!† â€Å"Did I say anything about purple dragons?† We all recognize the quotes of Disney’s infamous female villains. In these, and all other Disney movies, there is usually a female protagonists and antagonists who reign supreme to their male counterparts. But what happens in reality? Do women have that same authority over their lives? Alice Walker sheds light on this debate in her novel The Color Purple. Celie, the main character, grows up in a predominantly, male-ruledRead MoreAnalysis Of The Color Purple By Alice Walker1444 Words   |  6 PagesMasamoto, Lani Ms. Britton Eng. 4 AP/Per. 3 28 August 2014 Literary Review 1. The Color Purple by Alice Walker; The color purple is commonly used to symbolize royalty and a deep connection spiritually. Celie, the main character in the novel, writes many of her very personal letters and thoughts that she has never shared with to anyone else to God. She deeply connects spiritually with God. She knows that, unlike everyone else present around her in society, God will neither discriminate or judgeRead MoreLiterary Analysis Of Alice Walker s The Color Purple1489 Words   |  6 PagesSisterhood and Feminism: A Literary Analysis of Alice Walker’s The Color Purple Behind every beautiful thing, there s some kind of pain. The color purple represents royalty and nobility, which can be use to describe the personality of Celie and Nettie and their value of life. Purple is created by combining a strong warm with a strong cool color. The one color contain two completely opposite colors which represent price of royalty and nobility. The Color Purple using epi stolary style to describeRead MoreAnalysis Of The Color Purple 1043 Words   |  5 PagesIn this essay, I am going to analyze the intersectionality of oppression in Alice Walkers novel, The Color Purple. I am going to show how the political categories of race, sexuality and gender play a role throughout. I am also going to discuss Walker’s own term, â€Å"Womanism† and how that plays throughout the story. I will be focusing on the main character Celie, as well as other characters to help me demonstrate my analysis effectively. Celie, the main character, starts out the book writing lettersRead MoreLanguage and Male Supremacy in Alice Walkers The Color Purple694 Words   |  3 Pagesviolence incident. In analysis, when husbands abuse their wives, it does not cure their hurtful feelings; it only creates problems and hurts women. Historically, Southern men in the middle 1900’s, like the ones in The Color Purple, traditionally treated their wives as if they were worthless or unimportant. In her novel, The Color Purple, Alice Walker shows husbands abuse their power over their wives to escape their problems through Harpo, Mr. _____ and Grady. First, Alice Walker shows husbands abuseRead MoreEssay on Race and Class in Alice Walkers Color Purple1622 Words   |  7 PagesEssay on Race and Class in The Color Purple  Ã‚     Ã‚   An important  Ã‚  juncture in Alice Walkers The Color Purple is reached when Celie first recovers the missing letters from her long-lost sister Nettie. This discovery not only signals the introduction of a new narrator to this epistolary novel but also begins the transformation of Celie from writer to reader. Indeed, the passage in which Celie struggles to puzzle out the markings on her first envelope from Nettie provides a concrete illustration Read MoreThe Color Purple By Alice Walker1445 Words   |  6 Pages Oppression and Strength In Alice walker’s â€Å"The Color Purple† she uses foil characters such as Celie and Shug to express the polar opposites that are inevitably found when abuse occurs. Celie represents submission and low self value. Shug on the other hand represents Independence and intolerance. Both characteristics coincide bringing forth friendship and change. In the book â€Å"The Color Purple† the writer Alice Walker illustrates a story of bravery, struggle and oppressionRead MoreThe Color Purple Essay954 Words   |  4 PagesAn Analysis of three messages from The Color Purple â€Å"It takes courage to grow up and become who you really are† Some people cant wait to grow up, whereas others want to hold onto the past and not see what is to come. Those people that hold onto the past or live in the past dont know how to move on. An author by the name Alice Walker(b. 1944) a woman that believed she could do a lot. Alice Walker wrote a book and it was also turned into a movie but a man stated, â€Å"the book — about the abuse andRead MoreThe Color Purple By Alice Walker1540 Words   |  7 Pages Alice Walker is an award winning   author, most famously recognized for her novel   The Color Purple ;aside from being a novelist Walker is also a poet,essayist and activist .Her writing explores various social aspects as it concerns women and also celebrates political as well as social revolution. Walker has gained the reputation of being a prominent spokesperson and a symbolic figure for black feminism. Proper analyzation   of Walker s work comes from the   knowledge on her early life, educationalRead MoreReader-Response Criticism: Langston Hughes’ Dream Boogie1222 Words   |  5 Pagesoverview on Literary Criticism. Literary Criticism is defined as â€Å"†¦an informed response a person makes to literature after openly (imaginatively) experiencing it†¦Ã¢â‚¬  (Clugton, R. W., 2010). This, in Laymen’s terms, means that one would make their own analysis or describe a literary work after they have fully read it and came to their own conclusion. After Clugton explains what Literary Criticism is, he went a step further to explain to the reader some strategies of approaching or mapping out those

A World Lit Only By Fire The Medieval Mind And The...

In William Manchester’s â€Å" A World Lit Only by Fire: The Medieval Mind and the Renaissance: Portrait of an Age† He demonstrates the change in the Dark Ages from the dependence on religion to independent thinking. Ancient concepts were questioned and proven wrong after thousands of years, and the power of the what finally surpassed the authority of the Pope. Manchester expresses the transition within Europe from the Medieval Times to the Renaissance that included multiple changes in the intellectual, religious, and political aspects of life. As Europe left the Medieval Era and entered the Renaissance, its political system changed in major ways. All political power was essentially ruined by the Huns and the beginnings of Western Countries being divided into countries started. â€Å"Europe was ruled by a new aristocracy: the noble† (Manchester 41). Men would acquire a following and then make a claim to land, the greater the following the more land was earned. These land claims were bound together to unify the Modern countries of Western Countries, the same boundaries today are common, such as England, France, and Spain. Most of these men thanked the divine power and were extremely loyal to the church. â€Å"By A.D. 1500 most of these sovereign dynasties were in place† (Manchester 55). One leader ruled over all of these countries known as a monarchy. Monarchs would have complete control over the lives of the people and in turn their people would service them first and theirShow MoreRelatedThe Renaissan ce And The Middle Ages1516 Words   |  7 PagesThe Middle Ages were regarded as a dark and desolate time period in history. Society during this time had no social progress, incessant wars, extreme violence, and no improvement to intellect or education. The Renaissance marked the end of the Middle Ages lasting roughly from the early 1400s to the 17th century. The Renaissance was exceptionally different from the Dark Ages because the human intellect, social climate, and the beliefs of Renaissance men was the opposite of the Middle Ages. Acting asRead MoreBirthstones9275 Words   |  38 Pagesminerals. But there’s no hard and fast rule as to which minerals cut it as gems and which don’t. It’s mostly a matter of custom. What’s the difference between precious and semi-precious gems? Most gems can be divided into precious and semi-precious. Only the most rare and expensive gems are classified as precious. Diamonds, emeralds, rubies, pearls, and sapphires are all considered precious gems. Most remaining gems – such as varieties of quartz (including amethyst, opal, and bloodstone) – are semipreciousRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesLinda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape

Tax Research Essay - 1075 Words

Tax Research Problem 6-59 Parent Corporation owns 85% of the common stock and 100% of the preferred stock of Subsidiary Corporation. The common stock and preferred stock have adjusted bases of $500,000 and $200,000, respectively, to Parent. Subsidiary adopts a plan of liquidation on July 3 of the current year, when its assets have a $1 million FMV. Liabilities on that date amount to $850,000. On November 9, Subsidiary pays off its creditors and distributes $150,000 to Parent with respect to its preferred stock. No cash remain to be aid to Parent with respect to the remaining $50,000 of its liquidation preference for the preferred stock, or with respect to any common stock. In each of Subsidiary’s tax years, less than %10 of its gross†¦show more content†¦In a Court-reviewed opinion, we held that the phrase all its stock did not include nonvoting stock which is limited and preferred as to dividends. 27 T.C. at 688. Thus, Hazleton Bakeries distribution, which was in respect of only the nonvotin g preferred stock, was not a distribution in complete cancellation or redemption of all its stock. The case of H.K. Porter Co., Inc. 87 T.C. 689 (1986) also had a subsidiary liquidate assets and the distribute failed to cover the preferred stock’s liquidation preference. On its 1978 and 1979 Federal income tax returns, petitioner claimed losses with respect to its Porter Australia stock. In his notice of deficiency, respondent disallowed said losses because under I.R.C. Sec. 332, no gain or loss is recognized on the receipt of property distributed in complete liquidation of a subsidiary corporation. The court ruled in favor of H.K. Porter. â€Å"Finally, because we have held that section 332 does not bar the recognition of petitioners losses, we hold that, based on the record, petitioner is entitled to an ordinary loss of $249,981 in 1978 with respect to the worthlessness of its common stock and a long-term capital loss of $1,957,770 in 1979 with respect to its preferred stock. See sec. 165(a) and (g).† Like both cases Parent Corporation received assets in a liquidatingShow MoreRelatedThe Tax Research Process2775 Words   |  12 PagesThe Tax Research Process The overriding purpose of tax research is to find solutions to the tax problems of one’s clients or employer. The process is similar to that of traditional legal research. The researcher must find authority, evaluate the usefulness of that authority, and apply the results of the research to a specific situation. One can identify two essential tax research skills: * The first is using certain mechanical techniques to identify and locate the tax authorities that relate toRead MoreTax Research Paper: Maxims of Tax Planning and Six Steps of Tax Research2106 Words   |  9 Pagesimportant component of the financial planning process is tax planning, which is the structuring of transactions with the intent reducing tax costs and gaining tax benefits. Strategic tax planning is a common occurrence in the business world because of its ability to help companies maximize their after-tax value. Typically, firms use the services of outside specialists, also known as tax researchers, in tax planning. The role of the tax specialist is to determine the optimal business decisionsRead MoreTax Research Paper1232 Words   |  5 Pagesthe second recommendation given is that you should take out another mortgage as additional capital to also be converted into Municipal bonds. The purpose of which is to receive a double tax benefit offered by taking advantage of both the interest deductions on the new mortgage allowed under I.R.C.  §163(a) and the tax exempt benefits on the interest payments of the state and municipal bonds allowed under I.R.C.  §103(a). The resolution to these issues is solely dependent on whether or not the CourtsRead MoreTax Research Essay example935 Words   |  4 Pagesthey are not lavish or extravagant. Section 1.162-2 of the Income Tax Regulations provides that traveling expenses include travel fares, meals and lodging, and other reasonable and necess ary expenses. 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Upon inspection, the Environmental Protection Agency determined that Murrays employer was in fact illegallyRead MoreTax Simulation Research Paper1522 Words   |  7 PagesSubject: Tax Issues of Lee’s Decision on Purchasing a Vacation Condo Facts: Mr. and Mrs. Lee are considering investing in a $500,000 condominium in Miami Beach, Florida, as their vacation home. Their marginal tax bracket is 33% and they also pay Maryland state and country income taxes at a rate of 7%. They are required to put down a 20% deposit and will get a mortgage for the balance for ten years’ interest at 5% annually. They can rent the condominium back to the Developer for two years for $4Read MoreTax Research - Constructive Receipt Essay1056 Words   |  5 Pagesmaintains that even if she had made the trip to collect the check, by the time she returned home, the bank would have closed and she could not have deposited the check until January. ISSUES: Does Adrian include the $10,000 on her 2007 or 2008 tax return? CONCLUSION: In general, constructive receipt occurs when income is credited to a taxpayers account, set apart for him, or otherwise made available so that he may draw upon it at any time, or so that he could have drawn upon it during theRead MoreBusiness/Tax Research Assignment1067 Words   |  5 PagesBUSINESS/TAX RESEARCH ASSIGNMENT 1. For the Tax year 2004, is SK eligible to switch from the accrual to cash method of accounting under Rev. Proc. 2001-10? This revenue procedure applies to taxpayer with average annual gross receipts of $1,000,000 or less. Since SK s average annual gross receipt is greater than 1,000,000 for 2004 therefore SK is not eligible to switch from the accrual to cash method of accounting. ( Rev. Proc. 2001-10,2001-1 CB 272) 2. For the tax year 2004, is SK eligibleRead MoreThomson Reuters Checkpoint A Commercial Tax And Accounting Research Essay2037 Words   |  9 PagesThomson Reuters Checkpoint is a commercial tax and accounting research service to assist professionals. Checkpoint is designed to assist researchers with answers to a situation quickly by customizing their search options, integrated links, and time-saving tools. The main focus for Checkpoint is on tax accounting but the software also covers non-tax material like the Financial Accounting Standards Board and the Securities and Exchange Commission. Tax research consists of many different forms of contentRead MoreTax Research Project Essay3469 Words   |  14 PagesShane Fitzgerald ACC 413-0001 – Concepts and Strategies of Taxation Research Memo RE: Deductions for medical expenses September 22, 2011 Facts:Janice was injured in an accident and prescribed 6 months of physical therapy in a swimming pool. She does not live within an hour of the nearest public pool and wants to build a pool in her backyard. Janice lives alone and her annual Adjusted Gross Income is $50,000. Issue: Is the cost to build and maintain a pool for Janice in part, or completely