Which of the following taxpayers are not required to make estimated payments?

Answers

Answer 1

Option c, An employee with appropriate withholding and no other income who works at a local department store.

Estimated tax payments must be made by whom?

If an individual expects to owe $1,000 or more when their return is filed, including sole proprietors, partners, and S corporation owners, they are typically obliged to make anticipated tax payments.

What are the expected tax payments in detail?

A quarterly tax payment known as "estimated tax" is made based on the filer's declared income for the quarter. Small business owners, freelancers, and independent contractors make up the majority of people who must pay quarterly taxes. Unlike regular employees, they do not have taxes immediately taken out of their paychecks.

Learn more about quarterly tax payment: https://brainly.com/question/29174873

#SPJ4

The correct question is:

Which of the following taxpayers are not required to make estimated payments?

a. A car mechanic who is self-employed and earns $50,000 a year.

b. A wealthy individual whose earnings are from corporate dividends.

c. An employee who works at a local department store with appropriate withholding and no other income.

d. All of the above must make estimated payments.


Related Questions

illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.

Answers

A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.

A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.

This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.

Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.

For more such questions on production cost

https://brainly.com/question/29886282

#SPJ8

how do I pay for my classes​

Answers

Answer:

Get a job, spend less money and only get things you need. Or you can file for government assistance.

Explanation:

6:00 PM If the contract is "mixed," the governing law (UCC or common law) is determined by: Multiple Choice a. Article 6. b. whether there was liability relating to a negotiable instrument.c. whether services were performed. d. the predominant factor. 6:00 PM

Answers

The correct answer to the multiple-choice question would be d. the predominant factor.

If the contract is "mixed," meaning it involves both the sale of goods and the provision of services, the governing law (UCC or common law) is determined by the predominant factor. This means whichever aspect of the contract is more significant or important in terms of the overall transaction will determine which law applies. This determination is made on a case-by-case basis and can depend on various factors such as the nature of the goods and services involved, the intentions of the parties, and the language used in the contract. Therefore, the correct answer to the multiple-choice question would be d. the predominant factor.

To know more about UCC

https://brainly.com/question/13487732

#SPJ11

introduce the concept of creativity and innovation​

Answers

Creativity is the capability or act of conceiving something original or unusual. 

Innovation is the implementation of something new that has never been made before and is recognized as the product of some unique insight.

What are the top 5 mortgage brokers in Sydney?

Answers

Here are some top mortgage brokers in Sydney: Aussie Home Loans, Mortgage Choice, Smartline Personal Mortgage Advisers, Loan Market, and Mortgage House.

1. Aussie Home Loans: With over 25 years of experience in the industry, Aussie Home Loans has established itself as one of the most trusted and reliable mortgage brokers in Sydney. They have a team of expert brokers who can help you find the right home loan that suits your needs.2. Mortgage Choice: Mortgage Choice is another popular mortgage broker in Sydney that can help you find the right home loan to suit your budget and requirements. They have access to a wide range of lenders, which means they can help you find the best deal available.3. Smartline Personal Mortgage Advisers: Smartline is a leading mortgage broker in Sydney that provides personalized advice and support to help you find the right home loan. They have a team of experienced brokers who can guide you through the home loan process from start to finish.4. Loan Market: Loan Market is another popular mortgage broker in Sydney that provides a range of home loan options to suit your needs. They have a team of brokers who can help you find the best deal available from a range of lenders.5. Mortgage House: Mortgage House is a Sydney-based mortgage broker that can help you find the right home loan to suit your budget and requirements. They offer a range of home loan options, including fixed and variable rate loans, low deposit loans, and more.In summary, these are some of the best mortgage brokers in Sydney that you can consider for your mortgage needs. When choosing a mortgage broker, it's important to consider their experience, reputation, and range of services offered to ensure that you get the best deal possible.

For more questions on mortgages

https://brainly.com/question/21336679

#SPJ8

true/false. the observatory of economic complexity (oec) is a data visualization that models international trade data among countries. use the provided links to answer the following questions.

Answers

True. The Observatory of Economic Complexity (OEC) is a data visualization platform that models international trade data among countries.

The OEC is a data visualization platform developed by the Massachusetts Institute of Technology (MIT) that provides an in-depth look at international trade patterns and relationships between countries. It uses complex algorithms and data science techniques to analyze and model trade data, creating interactive graphs and visualizations that are easy to understand and explore.

It provides an interactive and visually appealing representation of trade relationships between countries, showcasing the products and services that are traded, as well as their relative importance to the global economy. The OEC provides a unique way to understand the complex patterns of trade between countries and helps policymakers, businesses, and researchers make informed decisions about trade and development.

To learn more about international trade please click on below link.

https://brainly.com/question/20344185

#SPJ4

True/False. The observatory of economic complexity (OEC) is a data visualization that models international trade data among countries.?

If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equal

Answers

Answer:

C

Explanation:

If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =

$120000. The Long-term debt equalj

Deborah's debt safety ratio is ___
Deborah's debt safet
% and considered_____

Answers

To determine your capacity to pay back debt, use the debt service ratio and debt safety ratio.

Both the debt service ratio and the debt safety ratio evaluate how much of your monthly income is required to pay off your debt. While your debt safety ratio measures your monthly consumer debt payments to your monthly take-home pay, your debt service ratio compares your total monthly loan payments to your gross monthly income. These computations are significant for two reasons.

First, refraining from taking on more debt than you can manage by keeping your debt service ratio and debt safety ratio within sustainable bounds. Second, loan officers often use comparable calculations to establish your eligibility for credit cards, mortgages, and auto loans.

To learn more about safety ratio from the given link.

https://brainly.com/question/23767403

#SPJ9

Larson, Inc. is an integrated marketing solutions company. Whenever a client comes to it wondering why a product was not welcomed by its target audience or why customers have stopped buying another product, Impiric always suggests the marketing research process begins with:________.

Answers

Answer:

Defining the problem

Explanation:

In this scenario clients come to Larson Inc wondering why a product was not welcomed by its target audience or why customers have stopped buying another product.

According to Impiric a marketing solutions company the first step in marketing research process is defining the problem.

Why are products not being welcomed by their target audience?

This will give insight and help in formulating a solution to tackle the challenge

its me guys I'm sorry I lied​

its me guys I'm sorry I lied

Answers

To my knowledge I’m clarifying it’s James Charles

Which of the following occupations would most likely be
subject to seasonal unemployment?

Select one:
a.Appliance salesperson
b.Television repair-person.
C.Automobile mechanic.
d.Farm worker

= Farm worker​

Answers

Answer:

Farm worker​

Explanation:

Seasonal unemployment occurs due to a decrease in labor demand at particular times of the year. Some industries experience increased activities during specific seasons.  Hotels and restaurants may experience a boom in holiday seasons, while Ski business may be closed during summer.

The farming business is seasonal. During winter, nothing much happens. Workers in this period are likely to be unemployed.

Question 1 of 5
What type of goal can help you be prepared for unexpected costs, such as
car repairs?
Long-term financial goal
An emergency fund
Retirement savings
Short-term financial goal
Subsi
Continue

Answers

A goal that can help you to be prepared when there are unexpected costs such as car repairs is An emergency fund.

How can you be prepared for unexpected costs?

In order to be prepared for unexpected costs, the best thing to do is to have an emergency fund where you are able to save for when you may have to spend money that you are not prepared for.

The emergency fund would be best placed into an account that can earn interest but at the same time can be eaisly accessible. This was you can earn more money while saving for emergencies, and also be able to use the money for those unexpected costs.

Find out more on emergency funds at https://brainly.com/question/13420184

#SPJ1

If you wanted to add a noise such as a ding to a presentation, which action setting would you use?
Run macro
Play sound
Object action
Run program

Answers

If you wanted to add a noise such as a ding to a presentation, Run macro action setting would you use .

Which action button in a presentation is used to add sound?

Select the slide you want to have a sound added to in Normal view by clicking it. Click the arrow beneath Audio under the Media group in the Media group of the Insert tab.

                      Choose Audio from file or Clip Art audio from the list, then click Insert after finding and choosing the desired audio clip.

What is Run macro?

You can use a macro to automate operations by using one action or a series of related actions. The Visual Basic for Applications programming language is used to create macros.

                              The Developer tab on the ribbon's ribbon has a Macros command that may always be used to run a macro.

Learn more about Run macro

brainly.com/question/13346112

#SPJ1

Answer:

Play sound

Explanation:

right on edge22

PLEASE ANSWER ASAP: I NEED HELP
PLEASE DO NOT JUST ANSWER FOR THE POINTS, PLEASE ACTUALLY HELP!!!!!

PLEASE ANSWER ASAP: I NEED HELP PLEASE DO NOT JUST ANSWER FOR THE POINTS, PLEASE ACTUALLY HELP!!!!!

Answers

The true about retirement savings withheld from employee paychecks. Workers don't have to pay taxes on it until they make account withdrawals, allowing for potential tax savings and the opportunity for the savings to grow over time. Option D.

Retirement savings withheld from employee paychecks typically refers to contributions made to retirement plans such as 401(k) or Individual

Retirement Accounts (IRAs). These contributions are deducted from an employee's paycheck before taxes are applied, which means they are made with pre-tax dollars. As a result, the contributions reduce the employee's taxable income in the year they are made, potentially lowering their overall tax liability.

The tax advantage of retirement savings withholding allows individuals to defer taxes on the contributed amount and any investment gains until they withdraw funds from their retirement accounts in the future.

This deferral allows the savings to potentially grow and compound over time without being taxed annually, providing a tax-efficient way to save for retirement.

It's important to note that option A, which suggests that retirement savings are always matched by the employer, is not universally true. While many employers offer matching contributions as part of their retirement benefits package, not all employers provide a dollar-for-dollar match.

The matching policy can vary widely, ranging from a percentage match to no match at all.

Option B, suggesting that the money withheld is not needed for retirement living expenses, is a generalization and may not hold true for all individuals. Retirement savings are intended to be used for future retirement expenses, and the amount needed will vary depending on an individual's retirement goals, lifestyle, and other factors.

Option C, stating that retirement savings withheld from paychecks is another way of making employers rich, is an oversimplification and does not accurately represent the purpose and nature of retirement savings. Retirement savings are primarily designed to help individuals build financial security and support themselves during their retirement years. Option D is correct.

For more such question on retirement. visit :

https://brainly.com/question/29981887

#SPJ8

Amanda Winter worked as a public engagement coordinator at Safe Food Alliance until three months ago when her manager, Laura Morris, promoted her to the position of a sustainable food campaigner. However, soon after this, Laura noticed that Amanda was facing major difficulties in achieving campaign milestones and the project was falling behind schedule due to her lack of performance. Which of the following, if true, would most strengthen the argument that Laura was influenced by the halo effect in her decision to promote Amanda? A) Laura is known to micromanage most of her projects. B) Laura uses cultural stereotyping in order to speed up the process of decision making. C) Laura has made good hiring decisions in the past and is known to be an unbiased judge of character. D) Laura sat in on only one of Amanda's presentations prior to giving her the promotion. E) Laura worked closely with Amanda over a period of eight months. Choose the right answer and then explain why with maximum 250 words

Answers

Answer: D) Laura sat in on only one of Amanda's presentations prior to giving her the promotion.

Explanation:

The Halo Effect refers to a scenario where a person lets the impression they get of someone or something in one area influence their perceptions of how that person or thing would react in another area.

If Laura indeed sat in on only one of Amanda's presentations prior to giving her the promotion and on this presentation, Amanda gave a stellar performance prompting Laura to believe that she was good in all her other presentations even if she wasn't then this would qualify for the Halo Effect.

Laura should have sat through more of Amanda's presentations to get a better impression of her before she promoted her.

which design elements can help readers understand your text

Answers

Design elements such as typography, text formatting, white space, color and contrast, visual aids, and consistency can significantly help readers understand text by enhancing readability, organization, and visual appeal.

Design elements play a crucial role in enhancing readability and comprehension of text for readers. Several key design elements can help readers understand the text effectively:Typography: Choosing appropriate fonts, font sizes, and line spacing can enhance readability. Clear and legible fonts, such as sans-serif fonts like Arial or Helvetica, with an optimal size and sufficient spacing, make it easier for readers to follow the text.Text formatting: Effective use of headings, subheadings, and bullet points helps to organize information and create visual hierarchy. This allows readers to scan and navigate the content, grasping the main ideas and subtopics quickly.White space: Incorporating sufficient white space around the text improves readability and prevents visual clutter. Ample margins, spacing between paragraphs, and line breaks provide visual breathing room, making the text easier to read and comprehend.Color and contrast: Using appropriate color combinations and contrasts between the text and background improves legibility. High contrast between text and background, such as black text on a white background, ensures clear visibility.Visual aids: Incorporating relevant images, diagrams, charts, or infographics can help illustrate concepts and provide visual cues to support understanding. Visual aids break up the text, engage readers, and make complex information more accessible.Consistency: Maintaining consistent design elements throughout the text, such as font styles, color schemes, and formatting, creates a cohesive reading experience. Consistency reduces cognitive load and allows readers to focus on understanding the content.By implementing these design elements, text becomes more visually appealing, organized, and reader-friendly, facilitating comprehension and enabling readers to engage with the material more effectively.

For more questions on typography

https://brainly.com/question/28827609

#SPJ8

You are trying to assess the value of a small retail store that is up for sale. The
store generated a cash flow to its owner of $ 100,000 in the most year of
operation, and is expected to have growth of about 5% a year in perpetutity.
a) If the rate of return required on this store is 10%, what would your
assessment be of the value of the store?
b) What would the growth rate need to be to justify a price of $ 2.5 million for this
store?

Answers

Answer: A.) 2,100,000 B.)  0.05769 or 5.77%

Explanation:1) If the rate of return required on this store is 10%, Calculation of the value of the store:

Value of Store = 100,000 {(1 + g) / 0.10 - g)}

100,000 {(1 + 0.05) / (0.10 - 0.05)}

= 100,000 * {1.05 / 0.05}

= 100,000 * 21

= 2,100,000

b) Calculation of growth rate need to be to justify a price of 2.5 million for this store:

Value of Store = 2,500,000

\Rightarrow 100,000 {(1 + g) / 0.10 - g)} = 2,500,000

\Rightarrow {(1 + g) / 0.10 - g)} = 25

\Rightarrow (1 + g) = 2.5 - 25g

\Rightarrow 26g = 1.5

g = 1.5/ 26

g = 0.05769 or 5.77%

Keisha took the report her colleague had written, changed the author's name to her own, and presented it to the company's chief executive. Keisha's human resources director found out what she did and told Keisha she wanted to talk to her about an ethical violation she committed. What is the director most likely going to say to Keisha?

Question 1 options:

You shared a trade secret without permission.


You plagiarized someone else's work.


You used website analytics illegally.


You posted inappropriate comments.

Answers

The director most likely going to say to Keisha that you plagiarized someone else's work.

What is plagiarism?

The false depiction of another person's words, ideas, or expressions as one's own unique work is known as plagiarism.

Although specific definitions differ depending on the institution, such depictions are typically viewed as a violation of journalistic ethics, academic integrity, and societal standards of learning, teaching, and research in many cultures.

Sanctions for it include fines, suspensions, expulsions from school or the workplace, jail time, and even hefty fines.

Although plagiarism is often not considered a crime in in of itself, like counterfeiting, it is still subject to legal sanctions for prejudices brought about by copyright violations, violations of moral rights, or torts. It is a significant ethical violation both in academia and in business.

Learn more about plagiarism, here

https://brainly.com/question/30180097

#SPJ1

A one-year and two-year bonds currently pays 1.4% and 1.2%, respectively. What is the expected interest rate on a one-year bond next year according to the liquidity premium theory if the two-year term premium is 0.1%

Answers

Answer:

Expected Interest Rate = 1.8%

Explanation:

The computation of the expected interest rate on a one year bond is shown below

Interest Rate expected in nth year would be

= (Sum of individual interest rates in n years) ÷ n + liquidity premium in nth year

1.6% = (1.2% + Expected Interest Rate) ÷ 2 + 0.1%

1.5% × 2 - 1.2%= Expected Interest Rate

Expected Interest Rate = 1.8%

What happens when supply and demand intersect?

When the quantity of goods supplied is equal to the quantity of goods demanded, it is known as market (????).

Answers

Answer: When the quantity of goods supplied is equal to the quantity of goods demanded, it is known as market equilibrium.

Explanation:

Market equilibrium occurs at the point where the supply and demand curves intersect on a graph representing the market for a particular product or service. At this intersection, the quantity supplied and the quantity demanded are in balance, and there is no inherent pressure for the price or quantity to change.

In the context of market equilibrium, several outcomes can be observed:

1. Price Stability: When supply and demand intersect at equilibrium, it establishes a stable price point for the product or service. This equilibrium price reflects the value that buyers are willing to pay and the price that sellers are willing to accept.

2. Quantity Balance: At market equilibrium, the quantity of goods supplied matches the quantity of goods demanded. This balance ensures that there is neither excess supply nor excess demand in the market.

3. Efficient Allocation of Resources: Market equilibrium indicates that resources are allocated efficiently. The quantity produced matches the quantity desired by consumers, reflecting an optimal allocation of resources based on consumer preferences and production capabilities.

4. Absence of Shortages or Surpluses: When supply and demand are in equilibrium, there are no shortages (insufficient supply to meet demand) or surpluses (excess supply relative to demand) in the market. The equilibrium condition indicates a state of balance where supply precisely matches demand.

It is worth noting that market equilibrium is not a static state but rather a point towards which markets tend to gravitate. Changes in factors such as consumer preferences, input costs, technology, or market competition can shift the supply and demand curves, leading to a new equilibrium point and potentially altering prices and quantities in the market.

What are loans to a company for a set amount of time. They earn interest and are considered low risk investments.

Answers


A bond is a loan to a company or government. It pays investors a fixed rate of return

Which of the following financial institutions is a not-for-profit organization?

Commercial Bank
Commercial Bank

Credit Union
Credit Union

Savings and Loan
Savings and Loan

All of the these are correct since financial institutions do not make profits

Answers

Answer:

Credit Union

Explanation:

A not for profit organization means the organization whose main goal is not to make the profit. Here the main goal is to provide the services for a particular services or to give the benefit to the people.

Like the financial services give to the members of the credit union

Therefore as per the given options, the second option is correct

Credit Union is a financial institution that is not for profit organization.

Credit union functions to serve the members by offering the products at affordable rates and fees. The credit union changes the interest fees into products it offers in this way the credit union is not for profit organization. Other financial institutions like commercial bank, savings and loan, banks give these profits to its shareholders.

Learn more about bank:

https://brainly.com/question/9364800

Brewsters, a ice cream company, has been fairly successful in its market. Lydia sees an opportunity for profit and enters the market. After producing her profit-maximizing level of output, she finds that her average total cost per unit is $5, her average variable cost per unit is $3, and the market price is $2.50. In the short run, Lydia should Choose one: A. expand production because she is making a positive economic profit.

Answers

Answer:

A. shut down her business.

Explanation:

Given that

The average overall cost per unit is $5

The average variable cost per unit is $3

And, the market price per unit is $2.50

Based on the above information

In the short run, the lydia should shut down her business as the total cost is more than the market price due to which the company is suffering the loss instead of the profit

Therefore the correct option is a.

are these wrong or right please no scamming

are these wrong or right please no scamming

Answers

Answer:

both are correct

Explanation:

1. You have both an ethical and a legal obligation. Ethically, you should consider whether it is fair to keep the CD without paying for it after using it for more than a month. Legally, if the company made a mistake and sent you the CD, they are entitled to get it back or receive payment for it. According to the Federal Trade Commission's Mail or Telephone Order Merchandise Rule, if you receive merchandise that you didn't order, you are not obligated to return it or pay for it, but you are required to notify the seller within a reasonable period of time (usually within 30 days) and make arrangements to return it at the seller's expense. If you fail to notify the seller, you may be considered to have accepted the merchandise and be liable for payment.

2. B) Corrective advertising: The FTC may require the company to run corrective advertising that clarifies that the "natural food energy" in FunTime fruit drink is actually sugar. Corrective advertising is a type of advertising that is designed to correct a false impression that was created by an earlier advertisement. The purpose of corrective advertising is to prevent consumers from being misled by false or deceptive advertising.

As a team lead, Emilio has convened a group of five team members to solve an issue with the marketing campaign. This is an example of a(n)

Answers

Assuming  Emilio has convened a group of five team members to solve an issue with the marketing campaign. This is an example of a(n): Leaderless Group Discussion.

What is  Leaderless Group Discussion?

Leaderless Group Discussion can be defined as the way in which a group of people discuss and share opinion on important matters without a formal leadership.

Based on the given scenario Emilo is engaging in  Leaderless Group Discussion due to the absence of a leader.

Inconclusion this is an example of a(n): Leaderless Group Discussion.

Learn more about Leaderless Group Discussion here:https://brainly.com/question/2290843

The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)

Answers

The net cost of the item, after applying the series trade discount, is $63.41.

To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.

Let's break down the discounts:

The first discount is 10%.The second discount is 10%.The third discount is 19%.

To find the net cost, we need to calculate the price after each discount.

Step 1: Apply the first discount of 10%

List price - (10% of list price)

List price - (10/100 * List price)

List price - 0.1 *

List price = 0.9 * List price

Step 2: Apply the second discount of 10%

0.9 * List price - (10% of 0.9 * List price)

0.9 * List price - (10/100 * 0.9 * List price)

0.9 * List price - 0.09 * List price

0.81 * List price

Step 3: Apply the third discount of 19%

0.81 * List price - (19% of 0.81 * List price)  

0.81 * List price - (19/100 * 0.81 * List price)

0.81 * List price - 0.1539 * List price

0.6561 * List price

Now, to find the net cost, we multiply the list price by the result of the series of discounts:

Net cost = List price * 0.6561

Given that the list price is $96.60, we can calculate the net cost:

Net cost = $96.60 * 0.6561

Calculating this, we find:

Net cost = $63.41 (rounded to the nearest cent)

Therefore, the net cost of the item, after applying the series trade discount, is $63.41.

Know more about Trade discount here:

https://brainly.com/question/31799346

#SPJ8

Match each term in Column A with its definition in Column B. (Column A)
1. excise tax
2. sales tax
3. indirect tax
4. protective tariff
5. ability-to-pay
6. regressive tax
7. payroll tax
8. personal income
tax
9. progressive tax
10. corporate
income tax
11. property tax
(Column B)
a. a tax that takes a larger percentage of a low
income than of a high income
b. the principle that those who can best afford to
pay taxes should do so
c. a tax on the manufacture or sale of a specific
good or service
d. a tax paid by homeowners
e. a tax on the earnings of corporations
f. a local or state tax levied on a wide range of
consumer items
g. an income tax on the earnings of individuals
h. a high tax on foreign-made goods to discourage
their purchase
i. a hidden tax
j. a tax that takes a larger percentage of a high
income than of a low income
k. a tax that finances the nation's Social Security
program.

Answers

Answer:

1. c

2. f

3. i

4. h

5. b

6. a

7. k

8. g

9. j

10.e

11. d

Explanation:

took the quiz and made a 100

1. Excise tax ⇒c). a tax on the manufacture or sale of a specific good or service,

2. sales tax ⇒ f). a local or state tax levied on a wide range of consumer items,

3. indirect tax ⇒ i). a hidden tax,

4. protective tariff ⇒ h). a high tax on foreign-made goods to discourage their purchase,

5. ability-to-pay ⇒b). the principle that those who can best afford to pay taxes should do so,

6. regressive tax ⇒ a. a tax that takes a larger percentage of a low income than of a high income,

7. payroll tax ⇒ k. a tax that finances the nation's Social Security program,

8. personal income tax ⇒ g. an income tax on the earnings of individuals,

9. progressive tax ⇒ j. a tax that takes a larger percentage of a high income than of a low income,

10. corporate income tax ⇒ e. a tax on the earnings of corporations,

11. property tax ⇒d. a tax paid by homeowners

What is a tax?

A tax is a compulsory financial charge or a kind of levy that is imposed on a taxpayer by a governmental organization.

It is an amount that an individual has to pay according to their income, the value of their property, etc.

Tax is used to pay for the things done by the government.

Learn more about tax here:-

https://brainly.com/question/16423331

#SPJ2

Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC has net income of $305,000 after deducting Robert's $91,500 salary. In addition to his compensation, ABC pays Robert dividends of $213,500.

a. What is Robert's qualified business income? $305,000? (correct)

b. What is Robert's qualified business income if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $213500(incorrect), $91500(incorrect).

Answers

1. Robert's qualified business income is $305,000.

This is because Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business.

What is the net income and dividend?

During the current year, ABC has net income of $305,000 after deducting Robert's $91,500 salary. In addition to his compensation, ABC pays Robert dividends of $213,500.

If Robert's experience and responsibilities are valued at $213,500, then his qualified business income would also be $213,500.

Robert's income of $91,500 falls under the category of reasonable compensation, and hence, he will not have to pay any self-employment tax.

If Robert's skills and obligations justify a fair salary of $91,500, his eligible business earnings would amount to $123,000. Robert's salary of $91,500 would be viewed as justifiable remuneration and therefore exempt from self-employment tax.

The sum of $213,500 that Robert obtained from ABC as dividends would be liable to the self-employment tax.

Read more about net income here:

https://brainly.com/question/28390284

#SPJ1

What is the difference between a 3.5 fold and an 8 fold essay?

Answers

A 3.5 fold essay consists of an introduction, three body paragraphs, and a conclusion, while an 8 fold essay expands on the 3.5 fold structure by adding more detail and nuance to each paragraph.

The terms "3.5 fold" and "8 fold" essay refer to different methods of organizing the structure of an essay. A 3.5 fold essay consists of an introduction, three body paragraphs, and a conclusion. The three body paragraphs each have a specific purpose and follow a specific structure: the first paragraph introduces the main idea, the second paragraph supports the main idea with evidence, and the third paragraph provides a conclusion or summary.

On the other hand, an 8 fold essay expands on the 3.5 fold structure by adding more detail and nuance to each paragraph. The introduction and conclusion remain the same, but each body paragraph is broken down into smaller sections that address different aspects of the main idea. This allows for a more thorough exploration of the topic and a more complex argument.

In summary, the main difference between a 3.5 fold and an 8 fold essay is the level of detail and complexity in the organization of the body paragraphs. The 8 fold essay provides a more in-depth exploration of the topic, while the 3.5 fold essay is a simpler and more straightforward structure.

Learn more about essay here

brainly.com/question/20426054

#SPJ1

I actually want to delete the question. How can I do that?

Answers

the normal rankers cannot delete any answers in brainly. only moderators and administrators can do them.
Other Questions
If 23 is added to a number, the result is 41 less than twice the number. If you had been inEngland at the timeof this speech, wouldChurchill's wordshave inspired you tohelp the war effort?Why or why not? branliest + 10 points:) A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $90,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 5% increase in the number of units sold. Required:a. Prepare a projected CVP income statement for 2020, assuming the changes have not been made.b. Prepare a projected CVP Statement 2020, assuming that changes are made as described. A student drops a ball off the top of building and records that the ball takes 3.32s to reach the ground (g = 9.8 m/s^2). What is the ball speed just before hitting the ground? DUE TODAY helppp pleaswee How does elizabeth bishop use imagery to enhance the meaning of the poem fish On saturday 1,164 people saw a movie at Upcity Theater 4 movie screens with the same number of audience About how many people watched each screen How did Marbury v. Madison increase the power of the federal government in United States? Which two of these are essential for completing an initial mortgage loan application? which of the following is true of excessive compensation packages? multiple choice economic fairness and personal morality always exists in executives receiving lofty compensation packages. excessive compensation packages serve corporate interests when they provide an incentive that is not based on executive performance or accomplishments. when huge amounts of compensation depend on quarterly earnings reports, there is a strong incentive to manipulate those reports in order to achieve the money. when executive compensation is tied to stock price, executives have a strong incentive to focus on long-term corporate interests rather than short-term stock value. How many solutions are there to this nonlinear system?A. No solutionsB. Two solutionsC. One solution recent research has suggested that nearly half of all the gang members in the united states are . Sullivan Corporation has determined its year-end inventory on a FIFO basis to be $502,000. Information pertaining to that inventory is as follows: Selling price $ 521,000 Costs to sell 30,500 Replacement cost 441,500 What should be the reported value of Sullivan's inventory I need help help help 20,000 ten thousands equals how many hundred thousands Where do we start when we sit down to create next years budgetand cash flow budget? (Be specific please) adjoa's gross salary for last month was ghs 4687.24. if ghs 421.78 was deducted from adjoa's salary pay,how much take home pay did adjoa earned this past month? 12please i will rate(5 points) ||0|| = 2 ||w| = 2 The angle between v and w is 0.3 radians. Given this information, calculate the following: (a) v. W = (b) ||1v + 4w|| = (C) ||1v 4w|| = Practice 2-7 Try, Test, ReviseUse the try, test, revise strategy to solve each problem.1. The length of a rectangle is 9 in. greater than the width. The area is36 in. Find the dimensions.