Which of the Following Is a True Statement About the Federal

question 49

Multiple Choice

Which of the following is a true statement about the federal gift tax return (Form 709) ?

• A)Form 709 is due by the 15 ^th day of the ninth month following the date of the gift.
• B)Form 709 must be filed if a taxpayer wishes to elect gift-splitting.
• C)Form 709 need not be filed unless a taxpayer's taxable gifts exceed the exemption equivalent.
• D)Form 709 is due nine months after the death of the decedent.
• E)None of the choices are true.

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Definitions:

Contingent Workers

Workers who are hired on a temporary basis or on a contract that differs from a permanent employment, often without the same level of job security or benefits.

Antiunionization Strategies

Techniques employed by some employers to prevent or minimize union presence and influence within their organization.

Wildcat Strike

An unauthorized work stoppage initiated by workers without the consent or approval of their union's leadership.

Positive Settlement Zone

A range within negotiation where the interests of all parties overlap, making agreement possible.