Answer:
Rent or Buy Housing and the U.S. Tax Code
The tax deductibility of the interest ___paid___ on a mortgage and the___costs__ incurred on your home create a tax shelter for the___taxpayer___ , which ___reduces___your taxable__income__ and tax liability.
The standard deduction for mortgage interest under the 2014 U.S. tax code is:
c. $6,300 for single individuals and $12,600 for married couples filing jointly
Explanation:
Currently, the IRS allows taxpayers to deduct home mortgage interest on the first $750,000 ($375,000 if they are married but filing separately) of their indebtedness. However, higher limitations ($1 million) or ($500,000, if married but filing separately) apply if the taxpayers are deducting mortgage interests from their indebtedness incurred before December, 2017.
Your résumé should be one-of-a-kind is True.
<u>Explanation:</u>
Each resume is a stand out showcasing a correspondence. It ought to be suitable to your circumstance and do precisely what you need it to do. Most continues use the great switch sequential configuration. Your name and contact data go at the top, followed quickly by your business history. Truly it is the substance of your resume that issues more than all else and those tricks sit idle however aim interruptions.
Beginning with your current or most latest position and strolling back through time, this arrangement doubtlessly shows enrollment specialists precisely where you've been including instruction, unique research, introductions you've given and papers or books you've had distributed.
Answer: Net income Dr $14,5611
Bonus payable CR 14,5611
Narration. Bonus expenses payable to staff
Employee Bonus account Dr 14,5611
Bank/Cash CR. 14.5611
Narration. Payment of employees bonus for previous year.
