Case Research About The Taxpayer Ellen Is A Single Taxpayer

Case Researchabout The Taxpayerellen Is A Single Taxpayer Who Has Gr

A. Case Research About the Taxpayer Ellen is a single taxpayer who has grown bored with her job although she earns $80,000 in 2019. She lives in Tennessee. This state is your home state. She cannot afford to quit her job for financial reasons due to student loans, car payments, helping her parents, etc. When she leaves work she has free time on her hands, enough free time to make additional money. She learned that you are in a tax class in the MBA program at NCAT University and is soliciting your tax advice about starting a business. About her proposed business She wants to make a dry mix for cookies using her grandma’s recipe. She plans to use her favorite recipes from grandma but plans to develop several new recipes on her own. She plans to make the dry mix in her apartment but will soon move into a house which she will call home. She wants to create and e-commerce business and sell on-line to any customer who would buy her mixes. Her aunt, who lives in North Carolina, will also help her make the mixes. The aunt plans to make the mixes in her home in Charlotte. Questions Your job is to respond to Ellen in common words as if you are talking to a friend. 1. Income tax: What are the federal income tax implications to Ellen? Ex: What forms must she prepare and file, what is her tax rate, etc. You may have to create an assumption or projections about the net income from the business. From your own experience determine the average sales price of a box of mix, the cost of the ingredients, other costs such as shipping, setting up on-line advertisement, etc. and project a reasonable profit for her if she works about 15 hours per week on the project. It’s up to you. Attempt to complete the appropriate tax form for the business. Note: I am not looking for a perfect and completed tax form. I simply want to see if you can select the proper form given the type of business she decides to form and if you can insert selected basic information. 2. What are the multistate income tax implications if she sells her product in her home state and five other states? The following are the states: California, Tennessee (Home state), Arizona, New Mexico, Oregon and Colorado. You must look up the rules for state income tax apportionment and allocation bearing in mind the type of product, etc. Please cite your authority or better yet, provide a link so that I can go directly to the information for verification. The best way to present this info might be in a form of a well-developed chart. 3. In reference to the states identified above, determine if she will have to collect and pay sales tax to those states in which she sold? What is the rate? Also, will she have to pay sales taxes on her purchase of raw materials used in her product? Cite authority properly. Use in-text citations for all references!!!! Rubric for case: (1) Your advice to Ellen should be in memo form. (2) Points will be deducting for lifting (cutting and pasting) information from any source. Please write this memo to Ellen in your own words so that she can understand it. When it comes to specific terms such as allocation and apportionment, do your best to example the general process. (3) Make sure there is adequate content and explanation to support your answer to the questions posed. (4) Properly cite (provide link to original source) Otherwise, you are free and are encouraged to be creative. Diagnostic Worksheet Patient’s name/ age: Give full name and age Summary of Pertinent Case Features Presenting Problem: What did the patient report was the issue when coming to therapy? Did anyone bring the patient or require/ recommend that he come? If so, why? What are the issues in the patient’s life and how would he like them addressed? Does the patient have a goal in mind? Do not list a diagnosis in this area. This should be the most detailed section. Medical History: List any past or current major medical problems (past surgeries, stroke, diabetes, etc.) If there is none, write, “none noted.†History of Mental Illness: List the patient’s and/ or family’s history of mental illness. If there is none, write, “none noted.†History of substance use/ addiction: List substances that the patient is currently using and/ or addicted to, as well as frequency and amount of use. If currently not using, describe patient’s history of past use or abuse, or lack thereof. If the patient does not currently use alcohol or drugs, and has no history of doing so, write “none noted.†Stressors in past year: What is currently causing stress in this patient’s life? Symptoms of the disorder do not constitute stressors. You may choose to be specific (“Patient’s wife has threatened to leave him due to his having an affair with an ex-girlfriend.â€) or general (“Marital problemsâ€). Of course, the more specific descriptions give a better overall picture. Consider stressors in all areas of life: social support, occupational, educational, legal, financial, grief, interpersonal conflict, etc. Safety assessment: Address suicidal and homicidal ideation. Address any issues that may present danger (eg. Violence, neglect of children, inability to care for one’s self, etc.) If the patient has no current suicidal/ homicidal thoughts or behaviors, write, “denies suicidal/ homicidal ideation.†Appearance/ behavior: Discuss how the patient looks (appearance) and how he is acting (behavior). Suggestions include addressing hygiene (well-groomed, unkempt, lacking hygiene), dress (disheveled, well-dressed, wrinkled clothing, etc.), overall impression (cooperative, polite, demanding, guarded, etc.) Thought Processes: Make note of any unusual thought processes (delusional, obsessive, paranoid, etc.) or note if thoughts are coherent/ logical. Using good/ fair/ poor as indicators, address both quality of insight (ability to understand self) and judgment (ability to make appropriate decisions). Mood/ Affect: Mood refers to the patient’s emotional expression via their words and affect refers to emotional expression via action (facial expressions, etc.) Address both. Note if mood and affect seem contradictory (incongruent mood/ affect). Address both. Note if mood and affect seem contradictory (incongruent mood/ affect). Intellectual Functioning: Assess their intelligence (high/ average/ low). Intelligence is unchanged by symptoms of a disorder, level of consciousness, education level, or age. It is generally safe to assume average intellect unless you have legitimate reason to believe that the patient is above or below average. Orientation: Patient can be oriented to person (“Who are you?â€), place (“Where are you?â€), time (“What is today?â€) and situation (“Why are we here?â€) If patient is oriented to all, note “Oriented X4.†If one or more areas are missing, note which areas patient is oriented to or is not oriented to. Final Diagnoses List each diagnosis on a new line. Make sure the diagnosis you give is a DSM-5 diagnosis. List ONLY the diagnosis (singular) or diagnoses (plural) here. No explanation is necessary. Justification for the diagnoses should be clear in the worksheet items above. Be sure to fill in every blank. Include an APA style reference for the source at the end of the worksheet. Diagnostic Worksheet Patient’s name/ age: Bob, age 22 Summary of Pertinent Case Features Presenting Problem: Patient states he has been visited by aliens from outer space. He states that they are trying to steal his recently deceased mother’s collection of rare depression glass through telekinesis, moving the glass out the window with molecular displacement. Patient also states he was fired from his job with Jack in the Box because the aliens appeared to him while he was working the drive thru and demanded he leave immediately or they would destroy the restaurant. He was picked up by police last night after a neighbor called in a complaint that the patient was in his backyard, yelling loudly at the sky. Patient presents with his sister, Ann, who lives in the same home and was present when the police arrived. Medical History: Patient’s sister reports he had three surgeries to correct a heart condition as a child. No other significant history noted. History of Mental Illness: Patient states he was depressed as a teenager. Patient’s sister states that their father committed suicide 15 years ago. No records could be obtained. History of Substance Use/ Addiction: Patient reports recreational use of alcohol since high school, three beers or fewer per week. Denies illicit drug use. Patient is not currently under the influence. Stressors in past year: Recent death of mother (two months ago). Loss of job last week and subsequent financial problems. Lack of social support. Safety assessment: Patient denies suicidal or homicidal ideation. Appearance/ behavior: Patient is disheveled, unkempt, lacking hygiene. Patient was intermittently cooperative, alternately answering questions and becoming agitated. Responding to unseen stimuli (yelling, waving fist at sky, etc.) Thought Processes: Paranoid, delusional, incoherent. Poor judgment, fair insight. Mood/ Affect: Agitated, hostile at times toward unseen stimuli. Angry, impatient. Intellectual Functioning: Normal Orientation: Oriented to person/ place, not to time or situation. (Oriented x2) Patient believes he is currently in the middle of a nightmare. Final Diagnoses Schizophrenia Reference Smith, A. (2013). Case studies in abnormal psychology. New York: Pearson.