Chap 1: Compare the benefits of a $4,000 deduction and a $4,000 tax credit for two single taxpayers. One with taxable income of $40,000 (before this $4,000 deductible) and the other with taxable income of $200,000. (use tax rates listed on page 12 of textbook )
Chap 2 What are a statute of limitations to a taxpayer?
Please prepare each 2-minute video clips for your representation, posting on youtube.com
Deadline: 6:00pm on 02/13/2011 Sunday
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Chap 1: http://www.youtube.com/watch?v=VSt6vuHOlzA
Chap 2: http://www.youtube.com/watch?v=fukTG7l8hHs
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