Paper, Order, or Assignment Requirements

Business Income
– Gross receipts and other income
– Cost of goods sold (e.g., inventory practices, expenditures included, uniform capitalization rules)
– Net income, net operating losses, and loss limitations including passive activity and at risk limitations
– Gain or loss on disposition of depreciable property
– Cancellation of business debt

Note: Use IRS publication and forms only
Must have samples of each topic