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sleet_krkn [62]
3 years ago
9

Which of these can be listed as benefits of filing your tax return online? I. Allows you to claim a larger number of deductions

II. Allows for faster receipt of any refunds due III. Allows for greater accuracy when filing a. I and II b. III only c. II and III d. I, II, and III Please select the best answer from the choices provided A B C D
Business
2 answers:
Alex Ar [27]3 years ago
8 0

Answer:

C. c. || and |||

Explanation:

this guy above me will show you the explanation.

telo118 [61]3 years ago
3 0

Answer:

The answer is: C) II and III

Explanation:

The benefits for filing your tax return online are:

  • You can save money since you don't have to hire an accountant or other professional to file your taxes
  • It is very simple and easy, since the tax software is very user friendly and intuitive.
  • You can file your taxes from anywhere as long as you internet connection. This can save a lot of time and money, instead of having to physically go to an IRS office.
  • Tax software helps you gain financial knowledge and that is always useful.
  • It ensures accuracy since tax program can do accurate calculations on your behalf.
  • You can receive your tax refund faster if you file your taxes online. Usually within 21 days the IRS is sending out refunds based on taxes filed only.
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Why are conflicts of interests a problem in business?
Nesterboy [21]
<span>Conflict of interest is a very big issue when it comes to business because it may cause wrong decisions. For example, you are business partners and each one of you have different interests and ideas, thus you will not be able to formulate better ideas and create a good business product. It is very important that in a business, you and your business partner must agree in 1 idea and push it through until it become a good product.</span>



3 0
3 years ago
Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted bas
zavuch27 [327]

Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000

Explanation:

As given in the question

  • <u>Emma and Laine form the equal EL Partnership.</u>
  • <u>Emma contributes cash of $100,000 in EL Partnership</u>
  • <u>Laine contributes property with an adjusted basis of $40,000</u>

1)How much gain, if any, must Emma recognize on the transfer

<u>Ans: Neither Emma nor Laine ,none of them recognize any gain.</u>

2) What is Emma's basis in her partnership interest

<u>Ans:</u><u>Emma basis in her patnership interest is $100,000 </u>

3) What is Laine's basis in her partnership interest

<u>Ans: Laine's basis in her partnership interest is $40000</u>

4) What basis does the partnership take in the property transferred by Laine

<u>Ans: $40,000</u>

5 0
3 years ago
The post-closing trial balance consists only of Group of answer choices Asset and liability accounts. Nominal accounts. Revenue
mariarad [96]

Answer:

Permanent accounts

Explanation:

The post-closing trial balance consists only of permanent accounts. These permanent accounts are assets, liabilities, and equity. Permanent accounts are not closed when an accounting period ends. Temporary accounts (revenue, expense, dividend) on the other hand is a direct opposite as they are closed or cleared to zero when an accounting period ends.

4 0
3 years ago
Which members of OPEC would be the most likely to favor high oil prices now because of their small percentage of the world prove
solmaris [256]

The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa

  • Ecuador
  • Angola
  • Tunisia
  • Gabon

<h3>What is OPEC?</h3>

This is an organization of the petroleum producing countries of the world.

Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products

Read more on OPEC here: brainly.com/question/26412451

6 0
2 years ago
Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new
AlladinOne [14]

Answer:

$266.42

Explanation:

$318.59-$52.17=$266.42

6 0
3 years ago
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