Chapter 1: Learning Activity 1. You asked Brian to create software for your business. He submitted a bill for $959. He refused to give you his tax identification number. What are you required to do? withhold 24 of amount clue 2. Ellen, a calendar year, cash basis taxpayer, did office work for Ken's lawn repair company. He gave her a $300 check on December 20th. She did not cash the check until January of the following year. She did not include the $300 in her income until the following year. Did she handle this transaction properly? no, because the needs to report income tis 3. Richard and Amanda are dentists. They want to start a practice together. They will share equally in all the business's income and expenses. They do not want to spend a lot of money organizing the business. What form of business organization would be best for them and why? Partnership 4. Brenda operates a cafe. Three of her servers receive tips. In general terms, what should Brenda's servers know about reporting tip income? They mut fears a daily record, they ad required to report in their ta 5. Tim and Todd, both attorneys, are owners of a corporation, and they are the only employees of the corporation. Both Tim and Todd have calendar tax years, but they want to use a fiscal year for the corporation. Can they? Why or why not? They can file form 1128 / they have to have a good reason