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Describe the Recovery of Capital Doctrine and what type of income it relates to....

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Accounting

Describe the Recovery of Capital Doctrine and what type of income it relates
to.
What method of accounting are individual income tax payers on (accrual or
cash method)? Describe how this method works.
What is the treatment of Unemployment Compensation?
Explain the general rules for taxation of social security benefits. What is the
maximum percentage of social security income received that is taxed?
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