All categories

4 years ago

Eldrick bought a certificate that allows him to apply for a tax deed after a certain period. what did eldrick purchase?

1 answer:

7 0

The thing that Eldrick bought is called: Tax certificate
A tax certificate is a document that given to purchasers whenever they're biying an fixed asset (such as building , land, or other type of property).
The purchaser will obtain the right of the taxation account for the specific property and the tpayment will be transferred to the purchaser in the future

You might be interested in

During 2019, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $8,000. Compute the amount of FIC

Elena L [17]

Answer:

9th payment:

OASDI: 496 dollars

HI: 116 dollars

17th payment:

OASDI: 303.80 dollars

HI: 116.00 dollars

24th payment

HI: 116.00 dollars

Additional 0.9%: 178 dollars

Explanation:

FICA taxes:

OASDI 132,900 celling

HI: 1.45% celling 200,000 for single

up to this point the tax increase by 0.90%

8,000 x 9th payment: 72,000 below celling

OASDI: 8,000 x 6.20% = 496

HI: 8,000 x 1.45% = 116

8,000 x 17th payment: 136,000 Is above celling for OASDI

we just pay for the difference

previous earnings: 136,000 - 8,000 = 128,000

celling: 132,900

132,900 - 128,000 = 4,900

OASDI: 4,900 x 6.20% = 303,8

HI: 8,000 x 1.45% = 116

8,000 x 24th payment: 192,000 above celling for OASDI

OASDI: zero

HI: 8,000 x 1.45% = 116

Year end bonus: 100,000 accumulated 292,000 above HI celling

the diffrence will pay additional 0.9%

292,000 - 250,000 = 42,000

additional 0.9% = 42,000 x 0.9% = 378

year-end bonus: Bonuses are taxable compensation subject to income tax withholding and FICA. They’re treated as supplemental wages.

6 0

4 years ago

In a transaction that is subject to a licensee buyout agreement, if the buyer defaults the seller may:

vagabundo [1.1K]

Answer:

Sue the buyer for specific performance

Explanation:

In a licensee buyout addendum to a contract to buy and sell real estate, "Liquidated losses" (buyer lose earnest money) is omitted.

If the buyer / broker gets cold feet, the cure is Specific Performance meaning the seller may sue for damages and compel the agent to purchase them.

8 0

3 years ago

To promote interest in attending a convention, you should send out a/an A. site inspection. B. convention program. C. invitation

konstantin123 [22]

Hello, I think that the answer is A,I say this because when you make a assembly,you want to make sure that the water and the heating is all good and just inspect the place very good for the assembly to have a good representation,so yeah

Hope this helps,have a great night :)

7 0

3 years ago

Read 2 more answers

If consumers and businesses are especially pessimistic, as in the great recession of 2007-2009, and do not want to borrow money

Whitepunk [10]

Checking the list is the correct answer to this multiple choice question. This question deals with macroeconomic theory and the use of an expansionary money policy is likened to checking a list when dealing with economics.

6 0

3 years ago

Read 2 more answers

A form of open innovation is ______, in which companies ask for opinions from a large and relatively undefined group of people o

Pavlova-9 [17]

Answer: Crowdsourcing.

Explanation:

A way of obtaining information or ideas from a large number of individuals for problem solving is Crowdsourcing. Crowdsourcing involves sourcing for information, ideas or resources from a large variety of users over the internet. In Crowdsourcing, various individuals team up to solving a common challenge.

5 0

3 years ago