The facts in a case brief includes a statement of the legal issue presentedto the court for resolution

In a sole proprietorship, the business is considered a separate legal entity from the owner

Indicate whether the statement is true or false

For 2014, the federal tax code allows an estate valued at up to $5.34 million to be transferred tax free to any heir. If the estate is valued at more than $5.34 million, the amount over $5.34 million will be taxed at

A) 25 percent. B) 30 percent. C) 40 percent. D) 55 percent.