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stepan [7]
3 years ago
12

If a schedule c taxpayer does not bring the tax professional documentation to prove income

Business
1 answer:
nekit [7.7K]3 years ago
4 0
If a schedule c taxpayer does not bring the documents to prove the income, one cannot claim the Earned Income Tax Credit. Also the return cannot be prepared by the tax professional however one can make a form 1099 MISC to indicate their own income and lastly they should give other proofs that the income is accurate so that the paper for return can have the sign needed.
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A(n) ________ collects data from various key business processes and stores the data in a single comprehensive data repository, u
kotykmax [81]

Answer: Enterprise System.

Explanation:

An enterprise system is a software system used by an organization to gather information/data from different departments in the organization: The information gathered can be easily accessed or used by the different departments of the organization.

8 0
3 years ago
John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
MrMuchimi
The most cost effective way for John to buy a house in the suburbs is:

a.Move to the suburbs and rent a house for one year before purchasing a home.

This is to test the waters. During this time, he has to acclimatize himself into living in a new environment. He has to discover the pros and cons of living in the suburbs compared to living in the city like travel time in going to work, etc.

If after a year, he finds its more beneficial to live in the suburbs, then he can buy a house there. On the other hand, if he finds it costly to live in the suburbs compared to living in the city, he simply has to pay the necessary rent and utility bills, pack up his bags, and go home.
6 0
3 years ago
Read 2 more answers
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MaRussiya [10]

Answer:

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8 0
3 years ago
A ____ is a graph of decisions and their possible consequences.
Free_Kalibri [48]

decision tree

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A decision tree is a graph of decisions and their possible consequences; it is used to create a plan to reach a goal. Decision trees are used to aid in making decisions.

6 0
3 years ago
You have the following information regarding a bond that pays semi-annual coupon payments: Time to maturity is 12 years Coupon R
IrinaK [193]

Answer: 2%

Explanation:

As the coupon payments are semi-annual, you need to convert the other measures to semi-annual measures as well.

Coupon rate = 6%/2 = 3% per semi annum

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Time to maturity = 12 * 2 = 24 semi annual periods

Price is still the same = $1,189.14

You can use an Excel worksheet to solve for the Yield:

Number of periods = 24

Payment = $30

PV = 1,189.14

FV is par value of $1,000

Periodic rate is 0.019999

= 2%

7 0
2 years ago
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