Grace is an officer of a local bank that merges with a national bank, resulting in a change of ownership. she loses her job as a result of the merger, but she receives a cash settlement of $590,000 from her employer under her golden parachute. her average annual compensation for the past five tax years was $200,000. what are the tax consequences to grace and the bank of the $590,000 payment?
a and c are incorrect because a blog is not used for personal communications
d blogs are not used to communicate with one person
your best bet would be a. sun car dealers pay $18,000 to galaxy car manufactures for a car worth $20,000.
hope it you.