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
denis-greek [22]
3 years ago
8

If you cannot make a tax payment in full, what is the BEST next step to take?

Business
1 answer:
alexira [117]3 years ago
8 0

Answer:

Contact the IRS to see if there is a payment plan that works for you.

Explanation:

In a situation where someone determines that they cannot pay the tax liability, it is advisable to still file the tax return by the stipulated deadline. Additionally, contact the Internal Revenue Services(IRS) and explain your situation; they most likely have other payment plans that would work for you. Ignoring the tax bill and hoping that IRS will overlook it can lead to penalty; this might be very costly.

You might be interested in
From the list​ below, select the variable that will cause the demand curve to​ shift: A. The number of firms in the market B. Th
butalik [34]

Answer:

Option (C) is correct.

Explanation:

Consumer income is one of the main determinant of demand. Consumer income is related with the demand of normal and inferior good.

If there is an increase in the income of a consumer then as a result the demand for a normal good increases and shifts the demand curve rightwards.

If there is a fall in the income of the consumer then as a result the demand for a normal good also decreases and shifts the demand curve leftwards.

Alternatively, the consumer income is inversely related with the demand for inferior goods.

4 0
3 years ago
At 1
ELEN [110]
B) did not acquire the instrument in good faith
7 0
3 years ago
Which type of investment would be an example of an investment at point B? a US savings bond a CD a stock a savings account.
Assoli18 [71]

There are different types of investment. The type of investment would be an example of an investment at point B is a stock.

When you look at the graph, you will see a rise from point A to both B. With this, you can know that the asset class that has highest risk and also has the highest return is a stock.

There are different kinds of investments. They includes stocks, real estate, etc. The intention of the buyer is that they will increase the value of their savings/money over time.

Learn more about Stocks from

brainly.com/question/11514232

7 0
3 years ago
What are the primary assets of credit unions​?
Feliz [49]

Answer:

The correct answer is B.

Explanation:

Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.

Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.

These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.

5 0
3 years ago
In an​ expansion, taxes rise and government expenditures​ fall, and therefore act as automatic​ ________. Inflation is more like
Sergeu [11.5K]

Answer:

The correct answer is: stabilizers; destabilizer.

Explanation:

The automatic stabilizer is a government policy that correct fluctuations in the economy through their normal operation and hence they are called automatic stabilizers.  

Taxes and government spending are examples of automatic stabilizers.  

During an expansion, taxes increase with an increase in income and government spending decrease. These two without any intervention by the government automatically stabilize the economy.  

Automatic destabilizer causes fluctuations by their normal operation. An example of destabilizer is inflation which increases during expansion and causes fluctuations without any intervention.

6 0
3 years ago
Other questions:
  • WaterwayCorporation had net credit sales of $13100000 and cost of goods sold of $9070000 for the year. The average inventory for
    9·1 answer
  • Which is the most common method for calculating credit card balances? A. Previous balance method, B. Adjusted balance method, C.
    11·2 answers
  • What is a good way to guard against disorderly cash records or cash loss?
    8·1 answer
  • Which of these makes this a true statement? When determining the appropriate weights used in calculating a WACC, it should refle
    8·1 answer
  • Which of the following organizations is a discrete manufacturer? a. A pharmaceutical company in Arizona that manufactures skin c
    13·1 answer
  • Leas Corporation staffs a helpline to answer questions from customers. The costs of operating the helpline are variable with res
    6·1 answer
  • Ted's new company is experiencing a steady decline in profit. He needs external financing to prevent his company's profits from
    13·1 answer
  • Norman Dowd owns his own taxi, for which he bought a $11,400 permit to operate two years ago. Mr. Dowd earns $34,200 a year oper
    15·1 answer
  • At the beginning of 2020, Beerbo acquired a mine for $970,000. Of this amount, $100,000 was ascribed to the land value (the rema
    8·1 answer
  • Hayden's team purchased 100 shares of Tiffany and Co. stock for
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!