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lidiya [134]
3 years ago
15

g Tax advantages of being self-employed (rather than being an employee) include: a.Job-related expenses are deductions for AGI.

b.The self-employment tax is lower than the Social Security tax. c.The overall limitation (50%) on meals does not apply. d.An office in the home deduction (for AGI) is available. e.Both "An office in the home deduction (for AGI) is available" and "Job-related expenses are deductions for AGI" are advantages.
Business
1 answer:
kvv77 [185]3 years ago
3 0

Answer:

The correct answer is letter "A": Job-related expenses are deductions for AGI.

Explanation:

There are several tax benefits self-employed have but, in general, job-related expenses can be deducted from their <em>Adjusted Gross Income</em> (AGI). You can deduct half of your self-employed tax paid in Medicare and Social Security from your income. Essentially, the IRS treats the employer's share of the employment tax as a business expense and allows for an appropriate deduction.

Home office deductions may be complex. The cost of any work base used regularly and exclusively for business can also be the cost of the home office. This includes expenses on utilities, too.

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The accuracy of cost-volume-profit analysis is limited because it assumes a strictly linear relationship between the variables.
AnnyKZ [126]

Answer:

True

Explanation:

One of the assumptions of this analysis is that it assumes a linear dependence on costs and income in the analysis interval.

A very useful tool when making strategic decisions, allowing to analyze different scenarios and individual projects, is the Cost-Volume-Profit.

Analysis (CVP) that works under the premise that variable costs increase in the same proportion that increases the sales of a product, while the fixed ones are independent of the volume of sales.

The CVP is useful both for planning and for evaluating results since it emphasizes the behavior of variable costs and the impact that a variation in sales volume can have on costs and benefits.

4 0
3 years ago
Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price
Yuki888 [10]

Answer:

Reduce and  more than 15 percent

Explanation:

As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.

7 0
3 years ago
In the context of green marketing, ________ provides strong incentives for redesigning products in ways that make it easier to r
r-ruslan [8.4K]

Answer:

Take-back legislation

Explanation:

In the context of green marketing, take-back legislation provides strong incentives for redesigning products in ways that make it easier to reuse and recycle.

I hope it helps! Have a fantastic day!

Bored~

5 0
2 years ago
So what is economics?
pishuonlain [190]

Answer: Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services.

Explanation:

6 0
4 years ago
Read 2 more answers
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bazaltina [42]

Answer:

the answer is the mass.

4 0
3 years ago
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