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murzikaleks [220]
4 years ago
11

When a married couple's tax liability is smaller using the married filing jointly status than it would have been if both individ

uals were unmarried and filed as single, the difference in the tax liability is called a(n)
Business
1 answer:
ladessa [460]4 years ago
7 0

Answer: Marriage benefit

Explanation: For married couples, filing jointly as opposed to separately often means getting a bigger tax refund or having a lower tax liability.

You may also qualify for other tax benefits that do not apply to the other filing statuses.

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A married couple with 2 children and 5 grandchildren has an estate valued at $4 million. They decide to use gifts as a means to
muminat

Answer:

C) $3,090,000.

Explanation:

The married couple can give to each son or daughter $26,000 per year x 2 children x 5 years = $260,000

The married couple can give to each grandson or granddaughter $26,000 per year x 5 grandchildren x 5 years = $650,000

Their total tax free gifts = $260,000 + $650,000 = $910,000, so their estate will reduce to: $4,000,000 - $910,000 = $3,090,000

7 0
3 years ago
For the following three types of project life cycle, extensively explain their similarity and diffrence by the giving your examp
grin007 [14]

The differences between the project life cycle that includes the baum cycle, unido project cycle and the depsa project cycle is the established phase for drawing a project.

<h3>What is a project life cycle?</h3>

This refers to the organized way of viewing the entirety of a project that:

  • establishes the steps to complete a project
  • helps to maintain focus and momentum
  • creates better defined high-level stages of completion

The Baum project cycle in project management consist of the phae that includes Identification, Preparation, Appraisal, Negotiation, Implementation & Supervision and Evaluation

The Depsa project cycle from the sentence Development Project Studies Authority is a project cycle that comprises three major phase.

Read more about project life cycle

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7 0
1 year ago
_________________ are the processes and procedures that a company uses to provide reasonable assurance that its financial report
Dahasolnce [82]

Answer:

The correct word for the blank space is: Internal controls.

Explanation:

Internal controls are crucial for any organization that wants to ensure not only that its operations are efficient, but also that they meet certain ethical standards. Internal controls effectively restrict fraud, as well as other illegal activities. These are put in place by a company to make sure that its budgets and accounting are accurate.

8 0
3 years ago
Many auto shops that promise oil changes in 30 minutes or less assign one person to put the car on the lift, a second to drain t
77julia77 [94]

Answer:

The correct answer is letter "B": simplification and specialization.

Explanation:

The simplification and specialization work technique aims to divide tasks into smaller components and assign each of them to different employees. By doing so, managers need to spend less time training workers and specialize them in a reduced number of activities. Though, it leads to job automation which does not provide employees new learning opportunities.

5 0
3 years ago
In the _____ stage of the relationship development process, the owner of several retirement centers has agreed that Fashion Seal
wel

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The correct word for the blank space is: commitment.

Explanation:

In the relationship development process, the commitment stage implies a compromise between the seller and the supplier engaging each other more in their operations. The relationship develops to help each other with their objectives and usually causes special treats -such as discounts- between the two characters.

6 0
3 years ago
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