Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments. Which of the following is true? a. Janice may not assist in new companies’ issuance of securities unless she stops performing financial analyses first.
b. Janice may assist in new companies’ issuance of securities without restriction.
c. Janice may assist in new companies’ issuance of securities as long as she makes notice of a conflict of interest.
d. Janice may not assist in new companies’ issuance of securities.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?