Answer:
D. Medical expenses
Explanation:
The California tax law follows the new federal tax provision for the year 2018 for medical expenses. Only part of the medical expenses can be deducted which is allowed as per federal tax law, that is, 7.5% of the adjusted gross income.
Answer:
$130,500
Explanation:
Given that,
service revenue = $720,000
Total cost (fixed and variable) per client = $2,500
Served = 115 clients during the year
operating expenses = $302,000
Gross profit:
= Service revenue - Total cost
= $720,000 - ($2,500 × 115)
= $720,000 - $287,500
= $432,500
Net income = Gross profit - operating expenses
= $432,500 - $302,000
= $130,500
Personal , payroll, medical, and operational are all types of sensitive informations.
Which means that this type of information is usually guarded and protected against unwarranted disclosure
hope this helps
Harry starts receiving reduced retirement benefits at age 62. These benefits increase when he reaches the normal retirement age.
Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with fewer jobs. When they are old or unable to work due to health issues, many people decide to retire. A person may become eligible to receive superannuation or other government benefits, such as a state pension, at retirement age, which is often the age at which they are expected or obligated to stop working.
If you were born between 1943 and 1954, you can retire at the full age of 66. If you were born between 1955 and 1960, your full retirement age will steadily rise until it reaches 67. Full retirement benefits begin to accrue for people born in 1960 or later at age 67. The entire retirement age is displayed in the following table per birth year.
To know more about retirement refer to: brainly.com/question/20751552
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