Answer:
Tanuja is not entitled to a QBI deduction in 2019.
Explanation:
Tanuja has QBI from her accounting firm of $540,000
W-2 wages = $156,000
Unadjusted basis of property used in the LLC = $425,000
Taxable income before the QBI deduction = $475,000
Modified taxable income = $448,000.
Her accounting firm is a "specified services" business and she and her spouse's taxable income before the QBI deduction is $475,000, which exceeds the threshold for 2019.
Answer:
True
Explanation:
The company received $15000 and credited it to the unearned consulting Revenue accounts because it had not performed any services yet.
According to the accrual principle, the company can only report the amount earned in a period. If the company achieves the required 10% of consulting services by 31st march, it will record 10 percent of $15,000 as its income.
10 percent of $15000= 10/100 x $15000
=$1500
The value dimension that the behavior of the people of country x relates to is <u>b. people of country x</u> have a low indulgent vs. restraint ratio.
<h3>What is the difference between indulgent and restrained societies?</h3>
According to Hofstede's Cultural Dimensions, an indulgent society values the satisfaction of human needs, desires, and pleasures above societal norms.
On the other hand, a restrained society curbs their desires, withholding pleasures that align with societal norms.
Thus, since the people of country x tend to save their income rather than spend on luxuries, the relevant value dimension is a low indulgent vs. restraint ratio.
Learn more about Hofstede's Cultural Dimensions at brainly.com/question/14756841
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The following are some of the more typical exclusions in insurance covering long-term care services: However, the policy cannot limit or exclude coverage for Alzheimer's disease, senile dementia, or other clearly visible organic brain diseases. intentionally caused harm to oneself. Drug and alcohol addiction.
<h3>
What is the main purpose of long-term care insurance?</h3>
A daily amount up to a pre-determined limit) is covered by long-term care insurance policies for services that help policyholders with activities of daily living like eating, dressing, and bathing. You can choose from a variety of care plans and benefits to get the services you require, wherever you require them.
As with any insurance, the main drawback of long-term care insurance is that you can pay premiums for years without ever using the policy. The hefty annual costs for long-term care insurance are one disadvantage. Employees might think about accepting some health risks because they would prefer to pay modest sums out of savings than pay greater premiums to cover them.
Learn more about Long-term care here:
brainly.com/question/14315206
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Answer:
Local incentive
Explanation:
Local incentives can be described as economic development incentives like cash and near cash assistance that are provided by the government of a country or state in order to retain current businesses and also to attract new businesses.
These incentives are usually in for of tax breaks, training of workers, infrastructural development, etc.
In the question, Georgia state spending of $24 million to purchase the property and an additional $36 million to prepare the site specifically for DaimlerChrysler are examples of local incentive offered to DaimlerChrysler.
Therefore, the correct answer to fill in the gap is local incentive, we have:
The <u>Local incentive</u> offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory.
