Doug and sue click file a joint tax return and decide to itemize their deductions. the clicks income for the year consists of $90,000 in salary, $2,000 interest income, $800 long-term capital loss. the clicks expenses for the year consist of $1,500 investment interest expense. assuming that the clicks marginal tax rate is 35%, what is the amount of their investment interest expense deduction for the year?
a. $1,200
b. $1,500
c. $2,000
d. $2,300
e. other

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve