JOURNAL OF ACCOUNTING AND FINANCE
NDH Investment Group, LLC: Tax Compliance and Research
Author(s): Alli Purcell Hayes
Citation: Alli Purcell Hayes, (2017) "NDH Investment Group, LLC: Tax Compliance and Research", Journal of Accounting and Finance, Vol. 17, ss. 8, pp. 151-197
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The case study incorporates entity tax material, allowing students to transform the theory learned into practical application of the law. Student skills of critical-thinking, problem-solving, and theoryapplication are developed and enhanced through the completion of this case study. The case describes the operations of a small real estate LLC facing a change in ownership. Students are asked to assist their clients in not only tax compliance, but tax planning. It is flexible in that it could be used for a range of applications from solely cash calculations, IRC §754 exchanges and revaluations to a comprehensive two-year tax return preparation, including memorandums.