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Lubov Fominskaja [6]
3 years ago
15

By hiring your children, you can

Business
1 answer:
umka2103 [35]3 years ago
5 0

Answer:

Avoid payroll taxes

Explanation:

In hiring your children to work for you, you can avoid payroll taxes as long as they are legitimate employees. This therefore means that one can deduct the children's salary from the business income and then write it down as a business expense. That way, the employer does not have to pay taxes on the salary. The taxes are medicare and /or social security taxes.

In hiring your children, certain rules have to be followed and they include: the child must be a real employee, compensation must be reasonable and you must comply with the legal requirements for employers.

Cheers.

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How does the overall economy and it’s various aspects impact your life and finances?
irinina [24]
Well the economy is basically what our money runs on. Why things are a certain price and things like that. That effects us as citizens Bc here maybe a gallon of milk is 3 dollars but maybe the same gallon of milk is less money in another country. The economy effects me Bc helps determine how much money I make and how much to spend on certain items.
4 0
4 years ago
1. A parent owns 80% of its subsidiary's voting stock. At the end of the year, the parent's ending inventory includes $20,000 in
Delicious77 [7]

Answer:

B decrease of $4000

Explanation:

$2000 x 0.2%

5 0
3 years ago
Maura Ruiz has been working in the e-learning industry for over eight years. She is aware of the fact that in this industry, onc
Elanso [62]

Answer:

Participative.

Explanation:

Participative leadership is the process of influencing people to direct their efforts toward the achievement of some particular goal or goals. Participative leadership can be different depending on organization, purpose and situation but there are common patterns in all types:

- Leader always facilitates the conversation.

- Leaders share any information and necessary knowledge for decision-making.

- Leaders encourage others to share their ideas.

- Leader must take all information and solutions by the team and synthesize.

- The leader comes up with best solution based on group information and communicates the solution to the group.

Participative leadership consist of one of the four types of participative decision making.

* Democratic (Participative) – Encourages participation of all members but final decision is made by leader.

* Collective – All decisions are taken by the group and responsibility for the decisions also rest on entire group.

* Autocratic – Possible solutions are brainstormed collectively but leaders are responsible for final decision. Different from democratic as autocratic is goal oriented while democratic is people oriented.

* Consensus – Leader gives up responsibility and control of decision making to the group.

4 0
4 years ago
Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
xeze [42]

The organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD.

<h3>What is Small Business Association?</h3>

A Small Business Association are agencies that provides resources (like capital, skill, advice) to small businesses for innovation, growth etc

SCORE, VBOC and WBC are all agencies that provide free mentoring services, free training, loss-cost training, counseling etc

Hence, the organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD

Therefore, the Option A is correct.

Read more about Small Business Association

<em>brainly.com/question/2072884</em>

6 0
3 years ago
Which of the following is an example of​ cannibalization?
icang [17]

Answer:

A. A toothpaste manufacturer adds a new line of toothpaste​ (that contains baking​ soda) to its product line.

Explanation:

Market cannibalization is explained to be a loss in sales caused by a company's introduction of a new product that displaces one of its own older products.

Introduction of a new toothpaste containing baking soda is a perfect example, because it will reduce or alter sales in the other brand units.

The cannibalization of existing products leads to no increase in the company's market share despite sales growth for the new product. Market cannibalization can occur when a new product is similar to an existing product, and both share the same customer base. Cannibalization can also occur when a chain store or fast food outlet lose customers due to another store of the same brand opening nearby.

4 0
4 years ago
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