Acquisition or Abandonment of Secured Property

 Qualified Business Income (QBI)
 Earning and Profits (E&P) versus Retained Earnings – What is the difference?
 Cancellation of Debt
 Alimony
 Kiddie Tax
 Acquisition or Abandonment of Secured Property
You are to research your selected topic to address the following:
• Background (history) of the topic
• Impact on individual income taxation at the federal level
• Significantly affected groups
• The social or economic impact
• Outlook for the future – Should it be continued or not
Further, please prepare your required submission in the APA format. If you need further
guidance on the formatting try Googling “APA format” or refer to the following link:
https://owl.english.purdue.edu/owl/section/2/10/. The body of your paper should include an
overview and conclusion in addition to the research content.