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xxTIMURxx [149]
3 years ago
6

The state of massachusetts established a clearinghouse system, the commonwealth health insurance connector, which facilitated th

e buying, selling and administration of affordable, quality private insurance coverage for employers of 50 or fewer employees.
Business
1 answer:
miss Akunina [59]3 years ago
3 0

The answer is Commonwealth Health Insurance Connector. This is the focus of Massachusetts’ determined health care improvements, which were applied starting in 2006. The Connector is a self-governing quasi-governmental organization shaped by the Massachusetts government to help the acquisition of inexpensive, high-quality health protection by small industries and individuals without contact to employer-sponsored coverage.

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In the context of choosing an appropriate advertising media, at present the brands that cater to the older generations are not s
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Answer:

Social media is a very good way of protesting because many many people go on social media sites and they can join in and instead of being abused by other people outside you can easily make a protest on video or a website.

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3 years ago
Read 2 more answers
Jon is a cash-basis taxpayer and has adjusted gross income of $40,000 in 2018. During the year he incurred and paid the followin
fiasKO [112]

Complete Question:

Jon is a cash-basis taxpayer and has adjusted gross income of $40,000 in 2018. During the year he incurred and paid the following medical expenses.

Drugs and medicines prescribed by doctors $300

Health insurance premiums $750

Doctors' fees $2,250

Eyeglasses $75

How much medical expense can he deduct as itemized deduction?

Answer:

Jon

Medical expense that Jon can deduct as itemized deduction:

= $375

Explanation:

a) Data and Calculations:

Adjusted gross income = $40,000

Incurred medical expenses:

Drugs and medicines prescribed by doctors $300

Health insurance premiums $750

Doctors' fees $2,250

Eyeglasses $75

Total  = $3,375

Under Tax Cuts and Jobs Act (TCJA), the medical expenses which can be deducted as an itemized deduction on the federal income tax return are only to the extent that they exceed 7.5% of adjusted gross income (AGI).

7.5% of $40,000 = $3,000

Therefore, Jon can itemize deduction of $375 in medical expense.

7 0
3 years ago
The term for a rise in prices of general consumer goods is
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C. Inflation

If you require clarification on why, feel free to comment! 

3 0
3 years ago
During December, Far West Services makes a $3,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
Dima020 [189]

Answer:

Dr Accounts receivable 3,472

Cr Sales 3,20

Cr Sales tax payable 272

Explanation:

Since $3,200 is the credit sale and the state sales tax rate is 6% while the local sales tax rate is 2.5% which means we have to calculate for 6% of 3,200 as well as 2.5% of 3,200 which is: Sales tax payable

6%×3,200=192

2.5%×3,200=80

192+80= 272

The last step is to Debit Accounts receivable with 3,472 (3,200+272) , Credit Sales 3,200 and Credit Sales tax payable with 272

Far West Services Journal entry

Dr Accounts receivable 3,472

(3,200+272)

Cr Sales 3,200

Cr Sales tax payable 272

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3 years ago
For for computation of pre-incorporation profit salary to vendor
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Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.

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