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olya-2409 [2.1K]
2 years ago
6

What are the two main types of tax forms a company provides to employees so the employees can fill out their 1040 tax form?

Business
2 answers:
tiny-mole [99]2 years ago
6 0
The company give their employee the W4 and 1099 forms

Anastasy [175]2 years ago
5 0

Answer:

The correct answers are: <em>''Form W-4''</em> and ''<em>Form 1099''</em>.

Explanation:

The U.S. Individual Income Tax Return, commonly known as Form 1040, is an Internal Revenue Service(IRS) tax whose main purpose is to calculates the total taxable taxpayer's income and then determinate how much of that amount needs to be refunded or paid by the U.S. government. Therefore to complete this form the employer needs to give to their employees two main tax forms, the W-4 and 1090.

The Form W-4 is also an IRS tax form whose principle focus is to indicate the correct amount of tax to withhold from the employee's paycheck according and stating in a clear way the current tax situation that the person is in.

And finally, the Form 1090 comprehends an IRS tax form whose main purpose is to report payments to independents contractors, rental property income and more. It is used to prepare and file an information return to report different kinds of income.

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Sarah Parks is in the very early stages of putting together a business startup, and is thinking about writing a business plan to
Reptile [31]

Answer:

C. Summary business plan

Explanation:

A "business plan" is very important in order for a person to assess the success of his business. Among the choices above, the best answer is the <em>"Summary business plan." </em>This allows the entrepreneur to summarize the important points needed and to provide solid case of his business idea. This should also be clear and concise because it is going to be read by people who will be investing in the business. Examples of these groups are the <em>banks and investors.</em>

For startup business, it is important to include the following in the summary business plan: <em>business opportunity, target market, business model, marketing and sales strategy, financial analysis, competition, implementation plan, owners/staff, etc.</em>

So, this explains the answer.

4 0
3 years ago
Read 2 more answers
A truck acquired at a cost of $285,000 has an estimated residual value of $14,100, has an estimated useful life of 43,000 miles,
777dan777 [17]

Answer:

a. $270,900

b. $6.30

c. $24,570

Explanation:

(a) The depreciable cost = $270,900

(b) The depreciation rate = $6.30

(c) The units-of-activity depreciation for the year =- $24,570

8 0
3 years ago
Coordinating, monitoring, and allocating database administration resources is included in a dba's _____ role.
german
It is a technical database managerial role that it performs in an organization. The DBA has detailed function and a critical role in maintaining database security, organization, management, performance, recovery, and marketing.  This requires analysis and systematic view of all said functions. 
5 0
3 years ago
Which of the following is not a service offered by zoos?
Pepsi [2]

Answer:

can we see the choices so we can answer.

Explanation:

3 0
3 years ago
When the economy is in a severe recession, an increase in aggregate demand will lead to __________.
tester [92]

Answer:

The correct answer is letter "A": an increase in the long-run equilibrium level of output.

Explanation:

Aggregate Demand is a macroeconomic term describing the total demand in an economy for all goods and services at any given price level in a given period. That scenario implies aggregate demand is the demand for the Gross Domestic Product (<em>GDP</em>) of a country.

In front of a recession, the government should promote the increase the aggregate demand by <em>lowering rates</em> so more loans will be available and reachable. With more loans, more investments come and in the long term, the output is likely to hit its equilibrium point.

6 0
3 years ago
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