Chronic Alcohol Use Can Affect Many Different Organs and Tissues

question 65

Essay

Chronic alcohol use can affect many different organs and tissues in the body.Identify four body systems affected by alcohol use,and describe the how chronic heavy use can have an impact on those systems.

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Definitions:

Involuntary Conversion

A forced exchange or loss of property through theft, destruction, or condemnation, with potential tax implications.

Depreciation Recapture

A tax provision that allows the IRS to collect taxes on any profitable sale of an asset that had previously benefited from tax deductions through depreciation.

Installment Method

The installment method is a tax provision that allows taxpayers to spread income recognition over the period they receive payments from the sale of certain property.

Gain Recognized

The profit realized from the sale of assets over its adjusted basis, which must be reported for tax purposes.