1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brut [27]
3 years ago
8

How do you find tax liability?

Business
1 answer:
antoniya [11.8K]3 years ago
8 0

Answer:

Find answer in the explanation below

Explanation:

Tax liability can be defined as the total amount of taxes an individual, corporation, company, etc owes a tax authority or service at a given period of time.

The Internal Revenue Service is responsible for the taxation and collection of taxes from individuals to multinationals.

tax liability can also simply be said to be the amount in taxes that is owed the government individuals downs to multinationals.

Tax liability can be found or derived from taxable incomes. This is started by deducting taxable income - tax deductions = gross tax liability

gross tax liabilty - tax credits = tax liability.

Cheers.

You might be interested in
A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed
VLD [36.1K]

Answer:

A farmer is the one that owns the cattle and is ready to sell it on the market demand, while the meatpacker is the one who buys the product and sells it in different parts to the end consumers.

Since they both are using the commodity market to reduce the risk, the farmer will be the one who agrees to sell the cattle in the future at a fixed rate, while the meatpacker will be the one who agrees to buy the cattle in the future at a specified price fixed by him.

Hope this helps. ThankYou.

3 0
3 years ago
For most products higher prices
kogti [31]
That’s like the quarantine lol but just a bit higher
3 0
3 years ago
Megg Stallion wants to open an account with a balance of about 300, issued checks 50, and makes 6 deposits each month. Which ban
Zigmanuir [339]

Answer: Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance required and no interest earning.

Explanation:

I searched further online and got the options. The correct option will be "Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance Required and no interest earning"

Since Megg has an opening balance of 300, she can't open a account that requires a minimum balance of 400. Likewise, it'll be unwise to charges $6 monthly when the balance in the account falls below 300.

Therefore, she should open this account with a monthly fee of $4 and no minimum monthly balance required since the cost of keeping the account is cheaper and better than others.

8 0
3 years ago
If actual manufacturing overhead costs are less than the applied manufacturing overhead, then manufacturing overhead is:
Genrish500 [490]

Answer:

Under applied

Explanation:

Actual manufacturing overhead costs are those amounts of overhead costs that are incurred by a firm during production processes.

Applied manufacturing overhead costs are those costs that are added to jobs as they near completion. Usually, as work or job nears completion during the year, the predetermined overhead rate and actual activity level are used to apportion them.

In general, manufacturing overhead costs are those costs that are not direct labor costs or direct material costs; which is made of expenses like equipment and lightening. It could either be under or over applied. It is under applied as in the above while it is over applied when the actual manufacturing overhead costs are more than the applied manufacturing overhead costs.

8 0
3 years ago
You work for a municipal government in the HR department. Your supervisor has asked you to prepare a brief informational report
Anna007 [38]

The best way to show your municipal government employees the benefits of health care is through an informational poster in the office and an email to each.

In most companies, there is a human resources department that is responsible for hiring employees and their well-being.

In this case, it is a benefit in the health service to which employees can enroll independently, but they do not know-how.

The best option to disseminate this information is through an informational poster that specifies the steps to register and locate it in the office because their employees will be able to see it when they go to work.

Likewise, a copy of the poster will be sent to their emails, and they can sign up for this benefit in their free time.

Learn more: brainly.com/question/15720119

5 0
2 years ago
Other questions:
  • From this partial advertisement: Used car $93.38 per month for 60 months Cash price $4,200 Down payment $50 a. Calculate the amo
    5·1 answer
  • What describes the nature of cause and effect in the context of the business cycle?
    5·1 answer
  • Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
    5·1 answer
  • In the ________ form of ownership, the business itself pays income taxes.
    12·2 answers
  • At a growth (interest) rate of 8 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an a
    10·1 answer
  • Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo
    14·1 answer
  • PLS HELP!!!!! THANK U<br> Sample Work: Writing an Informative Essay: Prewriting BATTLING ADVERSITY
    9·2 answers
  • Name any four examples of economically marginalised group​
    9·1 answer
  • Excel SIM: High-Low Method; Contribution Format Income Statement Analyze a mixed cost using a scattergraph plot and the high-low
    6·1 answer
  • If a firm needs to finance a new corporate headquarters building, then it would most likely seek the funds in the:________
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!