You receive a tax refund from the IRS if your tax liability is less than the tax you paid for a fiscal year. This means that the tax you owe is less than what you paid for your taxes. Another circumstance is when you are entitled to tax credits
That they are considering opening up a shoe store. Sorry if wrong
Answer:
Part - 1.
Informational reports need details to get frequently visible. As long as we have a tendency to view the report it supports to achieve higher appreciative simply with none ambiguity.
Part - 2.
Headings are the actual fundamental cue; will this assessment report help to assist the reader. Headings aggravates interest and increases considerations, smart heading will increase usability. Thus, the reader will examine the page additional efficiently and in less period.
Part - 3.
It precises in condensed, easy-to-read design is taken into account as an efficient regarding the requirements segment of the commotion report.
Part - 4.
When establishing the report, the subsequent are the facts to be bear in mind.
- Attention on 3 to 5 areas which will attention your reader.
- Adjacent by creating the worth of the journey.
- Use written account sequencing.
Part - 5.
The continuity in the project usually need development or provisional reports to explain their standing however not issues. Therefore, progress reports don't argue issues.
Part - 6.
In the facts finding report it might be a style of short informational report that have requested to put in writing. As, this report is entirely targeted on planned tax improvements and it have an effect on, this may be a fact finding report.
Answer: C. open a cash account and invest in mutual funds holding high yielding common and preferred stocks
Explanation:
Investing in Mutual funds which hold high yielding common and preferred shares is the best option here. The dividends received will be high enough but will not be taxed too much as dividend tax is limited to 15% thereby saving the investment on taxes.
Also seeing as they will require the investment in other to buy a house in 5 years, they will need something that can be easily liquidated. Mutual funds are easy to liquidate from and so their investment here can be easily withdrawn when the time comes to allow them meet the house down payment.
