1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
solmaris [256]
1 year ago
9

How does gross taxable income and adjusted gross income differ between the two?

Business
1 answer:
Ierofanga [76]1 year ago
6 0

Gross taxable income is the total income a person earns before any deductions or credits.

What is Tax?
Tax compliance refers to policy actions as well as individual behaviour aimed at ensuring that taxpayers pay the right amount of tax just at right time and securing the correct tax allowances as well as tax reliefs. A tax is a mandatory financial charge or another type of levy imposed on the a taxpayer by a governmental organisation in order to fund government spending as well as various public expenditures (regional, local, or national). Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt. Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation. Taxes can be paid in cash or in the labour equivalent and can be either direct or indirect.

Adjusted gross income is the amount of income a person earns after subtracting certain deductions that are allowed by the Internal Revenue Service, such as certain business expenses, student loan interest payments, or alimony payments. In other words, adjusted gross income is the amount of income that is actually taxable.

To learn more about Tax
brainly.com/question/26316390
#SPJ4

You might be interested in
Producer surplus is:
Elena L [17]

Answer: Option (d) is correct.

Explanation:

Producer surplus is associated with the producer of a good. Graphically, producer surplus is the area between the upper portion of supply curve and equilibrium price level. Producer surplus is also defined as the difference between the price at which sellers are willing supply and the actual price they received.

Producers surplus = Price paid by buyers - Cost of production

4 0
3 years ago
What dynamics were used ​
Ksenya-84 [330]

Answer:

J.S. Bach used some dynamic terms, including forte, piano, più piano, and pianissimo (although written out as full words), and in some cases it may be that ppp was considered to mean pianissimo in this period.

8 0
3 years ago
Which of the following distinguishes mediation from negotiation? Group of answer choices vested authority with a third party dec
maxonik [38]

Answer:

The correct answer is the last option: Involving a third party.

Explanation:

To begin with, the major difference between the terms of negotiation and mediation is that in the last one there is a third party involved that seeks for the most quickly and benefitial deal for the both parties that are discussing, while in the negotiation there is not a third party and the two parties existing seeks for their own benefits, even if that means to harm the other person in the process of getting the best for one of them. That is why that the mediation needs to use a third party that has to be impartial to the situation and only wants the best for the parties in the conflict.

7 0
3 years ago
a bond has a face value of $1,000, an annual coupon rate of 7 percent, yield to maturity of 10 percent, and 20 years to maturity
rewona [7]

The bond that has a face value of $1,000 has a duration of 10 years.

<h3>What is a bond?</h3>

A bond is a type of security in the financial world where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the bond's principal (i.e., the amount borrowed) at the bond's maturity date as well as interest (referred to as the coupon) over a predetermined period of time. The interest is typically due at regular intervals, such as every six months, once a year, and less frequently at other times. To finance long-term investments or, in the case of government bonds, to finance immediate expenses, the borrower can obtain external funds through the sale of bonds. Both bonds and stocks are considered to be forms of security, but the main distinction between the two is that (capital) stockholders have an equity stake in a company, whereas bondholders have a creditor stake.

To learn more about bond, visit:

brainly.com/question/28362992

#SPJ4

5 0
1 year ago
Rashid, the CEO of Top Productions, said to his new vice president of accounting, "In the past I had resistance to new ideas by
STALIN [3.7K]

Answer:

The correct answer is (e)

Explanation:

Strategy implementation is an integral part of business activities. It is the responsibility of managers to keep an eye on all the process and make sure that all strategies are properly implemented. So, selling middle and supervisory manager on changes to overcome their resistance is often a necessary part of strategy implementation. It’s their duty to handle the resistance from employees and other staff members.

5 0
3 years ago
Other questions:
  • What is the answer for 7+4*3+8*(5*2)
    11·1 answer
  • How does understanding science help you become an informed consumer?
    6·1 answer
  • A specific present value of an ordinary annuity factor for a given number of periods and a specific discount rate is equal to th
    6·1 answer
  • What weakness is revealed by always being late to team practice
    8·2 answers
  • Your company plans to spend $2,350,000 in cash to build a plant that will produce benefits with a total present value of $4,575,
    9·1 answer
  • Will Co. is expected to pay a dividend of $2 per share at the end of year 1(Div1), and the dividends are expected to grow at a c
    10·1 answer
  • A company acquires a 25% investment in another corporation. The reporting of this investment depends primarily onThe percentage
    14·1 answer
  • The Solar Calculator Company proposes to invest $5 million in a new calculator-making plant that will depreciate on a straight-l
    6·1 answer
  • If Gross Domestic Product was $17 trillion in 2008 and $16 trillion in 2009. Which of the following actions would Congress be mo
    5·1 answer
  • a publisher has copies of a philosophy book in its inventory, but it produces 1,000 copies of the book in august that it expects
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!