Answer: centralized organization
Explanation:
Since Jonah makes almost all business and design/technical decisions, then the business is a centralized organization.
A centralized organization simply refers to an organization whereby the decisions are handled at the top level. In this case, since Jonah owns the company, he handles every decision, therefore it's a centralized organization as it's hierarchical.
Answer: Reduction of cost basis per share
Explanation:
It should be noted that Under IRS rules, when stock dividends are being received, they are not taxable at that particular time as shareholders haven't gotten any return from the stock yet.
The Stock dividend will then lead to reduction in cost basis per share. Therefore, based on the scenario in the question, the tax consequence of the distribution to the investor will be reduction of cost basis per share.
The maximum that he can contribute is $54,000.
For self employed individuals, the maximum contribution cannot exceed the lessor of 25% of total compensation or $54,000 for 2017.
25% of $300,000 is $75,000, so he is limited to contributing $54,000.
With $500.00 account paying 4% interest in a year, it would take 25 years to double the money. Yearly interest is at $20.00.
Answer:
What's Taking So Long? If you don't receive your refund in 21 days, your tax return might need further review. This may happen if your return was incomplete or incorrect. ... You may also experience delays if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.
Explanation: