Form used to authorize an individual to represent you before the IRS
What is Form 2848
100
CA annual LLC minimum fee
What is $800
100
Form used by certain taxpayers who are officers, directors, or shareholders in certain foreign corporations
What is Form 5471
100
Name of the ping pong room at The Standard
What is Spin Room
200
Starting in 2018, Federal NOLs will be limited to what deduction percentage?
What is 80%
200
A corporation can skip reporting the Sch. L, M-1, and M-2 on Form 1120 when total receipts for the tax year and its total assets at year end are less than what
What is $250,000
200
Penalty for underpaying an estimated tax in CA
What is 10% of the underpayment
200
Penalty for not timely filing a Form 5471
What is $10,000
200
Department store that opened on 7th and Fig last October
What is Nordstrom Rack
300
Beginning 2018, what is the new standard deduction amount for MFJ filers?
What is $24,000
300
IRC section that governs passive loss rules
What is IRC section 274
300
Highest State individual income tax rate for California
What is 13.3%
300
Form individuals use to calculate and report their foreign tax credit
What is Form 1116
300
Year RSM moved from Pasadena to Downtown LA
What is 2010
400
What is the new penalty for not timely filing a Form 5472
What is $25,000
400
Name of the event that occurs when 50% or more of a total partnership interest is sold or exchanged within any 12 month period
What is technical termination
400
Last state to impose Economic Nexus
What is Tennessee
400
FATCA is the acronym for
What is Foreign Account Tax Compliance Act ?
400
Building in DTLA that faces the true directional north, south, east and west
What is Bank of America
500
Percentage of bonus depreciation you can take on property acquired after 9/27/17 and placed in service before 12/31/22
100%
500
Federal form that should be filled out to report the sale or exchange of certain partnership interests (i.e. IRC 751(a) exchange)
What is Form 8308
500
Number of US States that have a personal income tax
What is 43
500
Maximum civil penalty for willful FBAR violations
What is the greater of $100,000 or 50% of the account balance