Question 1 There is a time table about John: DATE | ACTIVE | $ | PROPERTY | 01/03/1996 | Purchase | $100,000.00 | Burwood | 01/07/2011 | Purchase | $300,000.00 | Camberwell | 01/09/2011 | Declared this house to be his main residence | | Camberwell | 30/12/2011 | Post to New York, rent property | | Camberwell | 01/03/2012 | Sell | $175,000.00 | Burwood | 30/12/2016 | Back to Melbourne | | | 01/02/2017 | Sell | $500,000.00 | Camberwell | The CGT consequences of these events must process as follow: Property at Burwood Step 1 - has he made a capital gain or loss?…
James P. DeBiasi committed marketing scheme by falsifying audit records. Mr. DeBiasi broke many violations of the rules set forth by the American Institute of CPA’s and the Massachusetts Society of CPAs’ Codes of Professional Conduct. It is alleged that Mr. DeBiasi violated codes in the audit of the financial statements for an employee benefit plan as of and for the year ended December 31, 2011. He is in violation of rules 202, 203, and 501 and in codes of the due care and integrity principles as he did not act professional nor provide the necessary services. His punishment was to waive his rights to further investigation of this matter in accordance with the Joint Ethics Enforcement Program (JEEP) Manual of Procedures. Next, he has to waive…
Western Aluminum, INC expanded its operations through the acquisition of Smelter. By the end of 2007, Smelter is projected to produce 30% of Western Aluminum’s inventory. Western Aluminum evaluated its current practices in comparison to Smelters current FIFO Inventory management system and issued a proposal to change their inventory valuation method from LIFO to FIFO.…
Ladies and Gentleman of the jury, W.R. Grace and Beatrice foods have polluted the aquifer located under East Woburn. There is no question of this, as testimony from workers such as Al Love show that they have spilled, poured and dumped TCE, or Trichloroethylene. Mr. Reilly testified that he should have known what was happening on the 15 acres of property he leased out to the Whitney barrel company. By dumping TCE and other chemicals onto the ground, these companies introduced these harmful substances into the environment, particularly the aquifer underneath. These chemicals are not industrial revolution chemicals; they are modern, harmful chemicals that have adverse health affects.…
IN THE THIRD JUDICIAL DISTRICT IN AND FOR SALT LAKE COUNTY, STATE OF UTAH, SALT LAKE DEPARTMENT…
U. S. Sen. Harry Reid of Nevada is being investigated regarding a pay-to-play plan that involve two past attorneys general of Utah, said a country prosecutor Wednesday.…
Florida Senator Marco Rubio admits he finds the State Department’s response to the attacks on the diplomats in Cuba “ridiculous,” in an interview that took place on Sunday, October 1st, with CBS correspondent John Dickerson.…
Twenty miles from the Louisiana Border in Carthage, Texas on August 12, 1997 the body of the wealthiest widow of the town Marjorie Nugent was found stuffed into her own deepfreeze by her companion Bernie Tiede. In terms of Nugent’s personality and opinions of her held by the townspeople of Carthage, Hollandsworth writes that “According to most locals, she acted as if she was too good for Carthage,” therefore leaving the town feeling bad for Tiede. After Nugent’s husband died she and Tiede quickly became friends. Nugent soon took Tiede everywhere she went and he ate up the lifestyle she had to offer. With the lifestylet took a strong toll on Tiede. Tiede states that “She showered Tiede with gifts; she gave Tiede three million dollars in exchange for all of his attention. It got worse and worse, she was becoming more possessive of my time and my energy. I felt like I was in prison” (Torre). Tiede enjoyed the lifestyle too much to walk away and it resulted in him murdering Nugent. His sister even stated that “Bernie was living in a dream” (Hollandsworth). The movie Bernie does a poor job at telling the story of Marjorie Nugent’s murder. The movie creates sympathy for Tiede’s actions by portraying his character wrong when hiding the corps of Nugent and making it seem as if the murder was not a premeditated act.…
Use the understanding of the client and its environment to consider inherent risks, including fraud risk related to financial investments.…
President-elect Donald J. Trump’s real estate school, Trump University, was facing three lawsuits about the quality of education and business practices of the university. Students complained that they were swindled out of thousands of dollars in tuition and that the education they received was not up to par with the university’s claims (Eder). Mr. Trump’s school operated from 2004 to 2010 and offered a wide variety of packages that students could purchase after the free introductory seminar (Eder). These packages were priced up to $35,000 (Eder). The school faced much criticism, from Trump’s level of involvement in the classes to managers of the school saying that it was “a fraudulent scheme” (Cassidy). In addition, the school was penalized for violating state education laws in New York (Eder). Trump’s defense included information from the website 98percentapproval.com, which claimed that students were overwhelmingly satisfied with the quality of the programs, when in fact, these students were pressured into giving the school positive reviews despite their dissatisfaction with the program (Cassidy). Mr. Trump also made remarks about the judge overseeing the California lawsuits, implying that he is not impartial because of his Mexican heritage (Eder). One of the federal class-action lawsuits in San Diego was 10 days from being presented in front of a jury when Trump agreed to pay a settlement (Eder). The two California lawsuits were to be paid $21 million, and the New York attorney general lawsuit was to be paid $4 million (Eder). As a result…
The City of New York is divided into 73 precincts. These precincts are the basic managerial units for the operation of the familiar police patrol cars (called radio mobile patrols or RMPs) we see on the City streets. For staffing purposes the Police Department divides the day into three eight-hour tours of duty: 12 midnight to 8AM, 8AM to 4PM, and 4PM to 12 midnight. A particular police precinct such as the 26th, in which Columbia University stands, may have 6 patrol cars in the field during the typical 8-to-4 tour. In New York about 1200 cartours are fielded on an average day -- about 200 on the 12 to 8 tour, about 400 on the 8 to 4 tour, and about 600 on the 4 to 12 tour. Most cars are staffed with two police officers. The primary tasks of the patrol cars are responding to emergencies that are phoned in by citizens via the 911 emergency telephone system and patrolling the streets. Annually, there are about 10 million calls received by the 911 system. Incidence of emergency calls is generally very unpredictable, but incidents are most prevalent in the early evening hours. Emergency incidents vary in severity and importance -- ranging from reports of crimes in progress to complaints about loud neighbors. Roughly 10% of calls are potentially serious and get high priority from the police. When not responding to 911 calls, patrol cars patrol in their assigned neighborhoods, referred to as sectors. Each precinct typically has 4 to 8 sectors. "Back-office" operations for the 911 system are located in Police Headquarters in downtown Manhattan at One Police Plaza. Incoming 911 calls are handled by banks of telephone operators, grouped by borough. The operators screen the calls to determine whether or not they are legitimate police matters, and key in to the central computer system information about the time, location, and nature of the incident. If the incident was…
American civil rights activist and Baptist minister Rev. Jesse Jackson met with Jewish, Muslim, and Christian leaders from Chicago recently to explore ways to combat the increasing number of hate crimes targeting their communities.…
On Sunday, June 18, 1972 the Washington Post reported that a group of people had been arrested for burglarizing at the Watergate Hotel and Office Complex in Washington, D.C. The violated office suite was occupied by the Democratic National Committee. The allegation was made that the burglars’ intention was to steal important files that were relevant to the upcoming election. It was then learned that a high ranking GOP security aide was one of those arrested, and on the payroll of Nixon’s reelection committee.…
After law school, Eric Holder joined the U.S Justice Department latest Public Integrity Section, which lasted for 12 years. It was there that he helped in the prosecution of Congressman John Jenrette for bribery. In 1993 Holder stepped down from his appointment by President Ronald Regan of being a judge for the Superior Court of the District of Columbia in order to accept President Clinton’s appointment for U.S. Attorney of District of Columbia, in which he oversaw the conclusion of the corruption case involving Dan Rostenkowski , part of the Congressional Post Office Scandal (http://en.wikipedia.org/wiki/Eric_Holder).…
References: Editorial: The wrong Attorney General [Editorial]. (2005, January 26). The New York Times. http://query.nytimes.com/sgst/fullpage.html?res=9D0DE7DE163BF935A15752C0A9639C8B63…