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
jek_recluse [69]
3 years ago
6

Both nondeductible contributions to a traditional IRA and contributions to a Roth IRA are similar in the sense that neither prov

ides a tax deduction at the date of contribution. Which of the two types would be most advantageous to taxpayers and why? Your client is about to establish his own business and hires at least 10 employees. They ask you for advice concerning establishing a qualified versus a non-qualified retirement plan. What do you advise your client? Would your answer change if you were a potential employee? Why or why not
Business
1 answer:
Nastasia [14]3 years ago
4 0

Answer:

The answer to this question can be defined as follows:

Explanation:

In part A

When Most citizens can't deductible in tax and their daily IRA donation, when the revenue is higher then all thresholds refer to specific levels. So, It can also pay to save for a non-deductible IRA to your withdrawal. Even if your IRA is not exempt.  

Regulations on IRA Revenue:

When a company provides individuals or their spouse has been decided to hire by users have a 401(k) or 403(b) employee withdrawal account, experience some IRA depreciation contribution limits donations.  

For an alternative to Roth IRA:  

Most individuals have incomes above limits and the  Roth IRA may indeed meet the criteria for a frequent IRA tax benefit and the higher level donation.

In part B

I will also take a glance at the answer from a tax viewpoint if a competent payment decreases subject to tax salaries and further decreases taxable income. It is a great way for both management and workers and employers receive big profits without taxation. Its value of a qualified retirement benefit provided for both the worker increases the amount that can be spent on behalf of the company by providing an eligible program.

You might be interested in
Horizontal analysis: Multiple Choice Evaluates financial data across industries. Is a method used to evaluate changes in financi
Anastasy [175]

Answer:

The correct answer is letter "B": Is a method used to evaluate changes in financial data across time.

Explanation:

Horizontal analysis compares the balance sheet or income statement of an entity over two or more periods. It is called horizontal analysis because it arranges numbers side by side to make direct comparisons so that improvements can be seen more easily.

4 0
3 years ago
Provide an example of economic regulations that a government might put into place and why
HACTEHA [7]

The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.

3 0
3 years ago
Cost allocation is:_____.A. the assignment of indirect costs to the chosen cost object B. the process of tracking both direct an
Fantom [35]

Answer:

A. the assignment of indirect costs to the chosen cost object

Explanation:

Cost allocation is the assignment of indirect cost of the cost object. The indirect costs of the project are not directly attributable to the cost object. So, it requires some basis on which its assignment can be made to cost object. Overhead allocation is the example of cost allocation. So, the correct answer is A. the assignment of indirect costs to the chosen cost object.

3 0
4 years ago
Suppose that the reserve ratio is 10% when the Fed sells $25,000 of U.S. Treasury bills to the banking system. If the banking sy
andre [41]

Answer:

d $250,000; subtracted from

Explanation:

Sales of U.S. Treasury bills to the banking system by the Fed is a contractionary monetary policy that will reduce the money supply.

Based on the money supply multiplier, the amount of the reduction in money can be calculated as follows:

Amount of reduction in money supply = $25,000 / 10% = $250,000.

Therefore, if the banking system does NOT want to hold any excess reserves, <u>250,000</u> will be <u>substracted from</u> the money supply.

7 0
3 years ago
According to Mintzberg's organizational structures, hospitals and universities are examples of a:​ a. simple structure. ​b. prof
Taya2010 [7]

Answer:

b. professional bureaucracy

Explanation:

Bureaucracy refers to a kind of organizational structure which is governed by a clearly defined authority and rigid rules and regulations alongside long chain of hierarchy and reporting, which makes decision making a time consuming affair.

As per Mintzberg, professional bureaucracy is characterized by standardization of skills coupled with vertical and horizontal decentralization of responsibilities.

Such form of organizational structure allows for greater degree of autonomy and control to the professionals w.r.t their work. Such a bureaucracy recognizes the authority of professional expertise instead of the authority of hierarchy.

Such form of organizational structure is usually followed by schools, hospitals and universities wherein, the professional expertise of doctors and teachers define the authority instead of a pre existing chain of hierarchy that dictates what one is permitted to do.

5 0
4 years ago
Other questions:
  • Expert systems have been most successful when the range of the human expertise being replicated is?
    6·1 answer
  • A(n) ___________ converts all the statements in a program in a single batch, and the resulting collection of instructions, calle
    15·1 answer
  • Assume a company has a cost of capital that is greater than zero and has cash flows related to the changes in net working capita
    8·1 answer
  • Generally, the most effective way to use texture when decorating a room is by
    10·2 answers
  • Terrance needs to comminicate with managers in several different locations regarding a sensitive complex topic. Therefore he sho
    7·1 answer
  • Suppose you manage the buyers at Best Bikes and you have been asked to help determine the requirements for a new vendor selectio
    6·1 answer
  • Activity-based budgets a. start with output and then determine the resources necessary to create that output. b. use the knowled
    6·2 answers
  • Sheree works for a publishing company where she coordinates the efforts of designers, editors, typesetters, proofreaders, and me
    9·1 answer
  • On December 31, Hawkins records show the following accounts.
    5·1 answer
  • An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!