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____ [38]
3 years ago
7

If you are e-filing your tax returns, explain why it is beneficial to file your federal and state taxes through the same e-filin

g service.
Business
1 answer:
Rudik [331]3 years ago
6 0

Why  it is beneficial to file your federal and state taxes through the same e-filing service is: It help to reduces the paper used to file tax returns.

<h3>What is e-filing?</h3>

e-filing can be defined as the porcess of filling your tax returns electronically.

e-filing is important as it enables tax payer to easily file their federal and state returns at the same time.

This help to reduces the paper used to file tax returns and it as well help to prevent lost or delayed of tax returns.

Inconclusion  e-filing  It help to reduces the paper used to file tax returns.


Learn more about e-filing here:brainly.com/question/25783927

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Which of the following is a deductible loss for income tax purposes?
shutvik [7]

Answer:

d. Net long-term capital losses in excess of $3,000.

Explanation:

A net long-term capital losses in excess of $3,000 is a deductible loss for income tax purposes.

For instance, in a tax year, if an individual has up to $3,000 of net long-term capital losses, this would be considered a form of income rather than a capital gain.

Furthermore, if an individual accrues a net long-term capital losses in excess of $3,000, this loss is deductible and are carried over indefinitely to subsequent tax payments in the future.

6 0
3 years ago
Ewa signs an instrument unconditionally promising to pay to "Sunny State Bank" $5,000 with interest in installments with the fin
zavuch27 [327]

Answer:

a promissory note

Explanation:

Based on the information provided within the question it can be said that the instrument that Ewa signed is most likely a promissory note. This is a not that enforces an unconditional promise, from one individual to another promising to make a certain payment in a certain time period. Which is exactly what EWA is signing when agreeing to pay $5,000 with interest in installments with the final payment due June 1, 2013.

5 0
4 years ago
Your boss asks you to email a spreadsheet that shows what the company owns and what it has borrowed (owes) at a fixed point in t
mariarad [96]

Answer:

The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.

Explanation:

Balanced sheet

A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.

The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.

3 0
3 years ago
Read 2 more answers
"If your manager assumed that you are motivated by money and offered incentive pay so that you would earn more money if you did
Bingel [31]

Answer:

Carrot Approach

Explanation:

There is much more efficiency if the worker has self incentive.

Incentive can be by carrot or stick approach , implying positive motivation incentive & negative motivation respectively.

Carrot Approach / Positive Motivation : is offering some monetary or perks benefit, if worker attains desirable targets .

Stick Approach / Negative Motivation : is giving some sort of punishment , if worker fails to attain desirable targets .

Eg - Extra incentive salary (as given) is carrot Approach based on positive incentive .

Cutting salary is stick approach based on negative incentive .

4 0
3 years ago
From the list choose the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed o
qwelly [4]

Answer:

Matching with the Best Word, Phrase, Name, etc:

1.        J.  Affirmative action

2.       B.  Requires that men and women be given equal pay for equal work in the same establishment

3.        M.  A process of negotiation between firms and labor unions regarding wages, compensation, working conditions, and other factors affecting workers

4.       C.  May increase demand for unionized labor

5.       L.  Relations Act of 1935. A law granting workers the right to unionize

6.       G.  Companies in many states could legally refuse to hire a black worker regardless of the credentials or experience of that worker supplied of labor and lower quantity demanded of labor

7.       A.  Legislative proposal providing path to legal residency to qualifying immigrants who entered the United States as minors (before the age of 16)

8.       I.  Lead to a decline of labor unions in the United States

9.       K.  Lead to a decline of labor unions in the United States

10.      D.  A law requiring companies to pay equal wage to all their workers regardless of race, age or sex

Explanation:

The DREAM Act, Relations Act of 1935, Equal Pay Act of 1963, Civil Rights Act of 1964, and Affirmative action are some of the government-sponsored programs to ensure that some level of equity applies to individual cases.

 

8 0
3 years ago
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