Individual Case for Taxation Study Example | Topics and Well Written Essays - 750 words

Individual for Taxation - Case Study Example ify for both options because of their recent house contract and the mortgage firm’s advice for closing in the course of the fourth week of December 2013. Since the couple’s itemized deductions are far less than their standard deductions, standard deduction is a favorable decision (J. K. Lasser Institute, 2012). To be certain, Michael and Frances can have their lawyer or tax experts draft their returns for both alternatives. Michael and Frances have been handing over joint returns for a while. Inflation fluctuations and changes in the current permanent tax laws are made to aid in easing the marriage penalty. The couple should always want to employ the standard deduction technique that offers them the largest tax merit (Wodon, 2014). As a couple, Michael and Frances spend moderately on health insurance, loan payments, state and domestic taxes, generous contributions, and a range of miscellaneous item. As a result, the couple would largely consider itemizing deductions. However, the recent purchase of a new home makes itemizing option unfavorable. The situation in 2013 is that the purchase of the new home eased the couple’s filing of their joint return owing to paying the deduction of acquisition mortgage and unreimbursed employee business costs. The sum amount of standardized deductions is far more than the itemized ones (Eng, Galper, Ivsin, and Toder, 2013). In 2013, the couple can prepare the joint return by making standard deductions. A standard deduction should allow the couple to go into itemized deductions in the future. A standard deduction in 2014 should allow the couple to choose the most valuable deduction alternative for them or compel them to select one or the other. An issue I identified with the situation is the couple’s filing condition. The case study does not specify whether the couple has ever filed a joint tax return separately before 2013. If so, then the couple’s record should indicate joint effort towards deciding the type of

Ottoman history Research Paper Example | Topics and Well Written Essays - 1500 words

Ottoman history - Research Paper Example Occupying this important chokepoint, the Ottomans were able to derive a great deal of riches based upon control and management of the trade that forever flowed between East and West. Much like the Byzantines before them, the Ottoman Empire served as a link between Europe and Asia in greatly benefited from the profits of the exchange that was perennially flowing over these geographic boundaries. Although there can be many identifications and definitions for the means by which the Ottoman Empire was able to exert such powerful degree of influence, military might, and cultural dynamism, it will be the purpose of this analysis to discuss and analyze the means by which a pervasive in nearly continual process of centralisation can ultimately be understood as the most powerful dynamic that allowed the Ottoman Empire to survive and thrive for such a very long period of time. As such the following analysis will trace this trend through three different secondary sources: The Great Ottoman-Turk ish Civilization, The Ottoman Empire, and The Ottoman Empire and the World around It. Whereas other, lesser powers, have grown powerful, wealthy, and then almost mysteriously vanished into the annals of history, the Ottoman Empire, through this process of centralisation, was able to oversee and ensure that the continued strength and wealth that such a process had previously been able to integrate was furthered into the future. This process was referenced specifically by the book The Great Ottoman Turkish Civilization.... Rather, the only one dimensional aspect of centralisation refers to the level to which a central figure in power structure oversaw, directed, analyzed, and guided nearly every decision that was made within the state/Empire. Accordingly, the multidimensional aspects of what centralisation necessarily implies will be discussed and analyzed as a means of integrating the reader with an understanding of how centralisation was ultimately affected within the Ottoman Empire (Cicek 47). Moreover, by identifying the level and extent to which centralisation played with regards to ensuring that the Ottoman Empire remained resilient and strong, the author will further be able to detail particular practices and unique approaches that the Ottoman Empire utilized with regards to dealing with its large, multi-religious, and multiethnic population. The second text under consideration within this analysis, The Ottoman Empire, argues that centralization played an important role within the administration and direction of any empire; so much so that it helped to define and constrain the way in which the entire process of imperial power was directed. By the very nature of Empire, it is a system in which territories and peoples that are otherwise not necessarily similar to the conquering power are incorporated into the governing structure (Kia 82). As a function of this incorporation, the Empire is usually made relatively wealthier, more populous, and more secure due to the fact that it has been able to extend its boundaries beyond the regions to which it previously laid claim to. Yet, the fundamental drawback that has been seen by a host of imperial powers within the past is the fact that the