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.
The dividend will be $4.015
<u>Explanation:</u>
The given data is: Initial dividend given is = $3 and growth rate given is = 6%
the following formula is used in order to calculate the dividend
dividend at time 5 = d0 multiply with (1+growth rate) power 5
= $3.00 multiply with (1+0.06) power 5
=>$3.00 multiply (1.33822558)
=>$4.015 (rounded to two decimals).
<u>Note :</u> The dividend is the amount that is paid by the company to its shareholders. The amount of dividend may vary from year to year depending upon the profitability level of the company that it earned during the year.
Answer: Option (A) is correct.
Explanation:
An event planner or meeting planner is an individual who is responsible for bringing together every individual implicated in producing a get-together, incentive, special event. This individual understands the intent of the task, or organization's rationale. This requires working with a diverse range of people within the organization, also resources that are considered as external.
Answer: In business, "spontaneous finance" refers to financing that arises out of regular, day-to-day operations. Unlike with other common sources of financing, such as loans or bonds, obtaining additional spontaneous financing doesn't require any special action by the company; it just "happens," hence the name spontaneous.
Answer:
$75
Explanation:
Let, the payment made towards US Speedy credit card be 'U'
Therefore,
According to the question:
Payment made towards Express credit card, E = 3U
Total for the two cards = U + E
= U + 3U
= 4U
also,
Payment made towards passport credit card = 15% of 4U
= 0.15 × 4U
= 0.6U
Given: Total payment made = $575
Therefore,
E + U + 0.6 U = $575
or
3U + U + 0.6U = $575
or
4.6U = $575
or
U = $125
Hence,
Payment made towards passport credit card = 0.6U
= 0.6 × $125
= $75
