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
Oliga [24]
3 years ago
11

During 2019, John was the chief executive officer and a shareholder of Maze, Inc. He owned 60% of the outstanding stock of Maze.

In 2016, John and Maze, as co-borrowers, obtained a $100,000 loan from United National Bank. This loan was secured by John’s personal residence. Although Maze was listed as a co-borrower, John repaid the loan in full in 2019. On Maze’s Form 1120 tax returns, no loans from shareholders were reported. Discuss whether John is entitled to a bad debt deduction for the amount of the payment on the loan.
Business
1 answer:
harina [27]3 years ago
8 0

Answer:

Throughout the clarification segment elsewhere here, the definition of the concern is outlined.

Explanation:

  • Yes, Mr. John becomes qualified to something like a bad debt benefit for the balance including its interest made on either the loan.
  • Although Maze is obligated to declare the same here in his tax filing throughout respect including its loan lent over him from the United National Bank mostly as professional and non-borrower.
You might be interested in
Based on what you have read, what can you infer about the relationship between advertising and the price you pay for a product a
jek_recluse [69]
Advertising will be effective if its production and placement must be based on a knowledge on a public and skill use of the media. Advertise are based on consumer's behavior and demographic analysis of a market area.
5 0
4 years ago
Read 2 more answers
Which form of promotion is most suitable to promote complex and technical products such as automobiles, computers, and investmen
TEA [102]

The form of promotion that would work for technical products like automobiles is b. Informative promotion.

<h3>What is informative promotion?</h3>

This is where features of the good being advertised are elaborated on to ensure the viewer understands the product's functionality.

This is useful for technical products like computers and cars as there is a need for customers to know what makes them better.

Options for this question include:

a. Persuasive promotion

b. Informative promotion

c. Connective promotion

d. Reminder promotion

Find out more on types of promotion at brainly.com/question/11131986

#SPJ1

6 0
2 years ago
An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling ca
Nutka1998 [239]

An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling capital for the acquisition of real property interests is known as a Real Estate Syndicate.

An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.

An organization is an official group of people such as a political party, business, charity or club. Most of these vocational schools are provided by volunteer organizations. ... Reported by the International Labor Organization. Synonyms: Synonyms for groups, companies, associations, associations, and organizations.

Learn more about organization here:brainly.com/question/19334871
#SPJ4

6 0
2 years ago
Look at the following email (attached). Name two good email netiquette practices used in the
Kipish [7]

Two good email etiquettes practices used in email are:

  • Inserting a Subject
  • Keep the email short and restricted to three paragraphs.

Two bad email etiquettes used in the email above are:

  • Indiscriminate use of the exclamation mark
  • Discussing personal issues in a formal email.

<h3>What are email etiquettes?</h3>

The use of acceptable language, standards, and politeness in an email is referred to as email etiquette. Business emails often need formal language as well as rigorous respect to appropriate grammar and spelling.

Five useful E-mail Etiquette are:

  • Address your addressee appropriately. Check, double-check, and triple-check that you have the right spelling of the recipient's name and title.
  • Proper greetings and closing statements should be used.
  • Format correctly.
  • Avoid using ALL CAPS.
  • Large files should be compressed.

Learn more about email etiquette:
brainly.com/question/11498233
#SPJ1

8 0
1 year ago
Fill in the blank: The goal of a commerce ad is to increase _____. engagement sales views lead generation
AlladinOne [14]

Answer:

Sales

Explanation:

6 0
2 years ago
Other questions:
  • John is an employee at a car manufacturer. today he has come into work to find that production has stopped because the governmen
    15·1 answer
  • True or false the texas legislature is classified as highly professional, the highest level of institutionalization.
    15·1 answer
  • Antonio lives in San Diego and runs a business that sells boats. In an average year, he receives $731,000 from selling boats. Of
    5·1 answer
  • Is the microbial community in the intestine a key to understanding obesity? To explore this question, scientists conducted anoth
    15·1 answer
  • Consider three different closed economies with the following national income statistics. Country A has taxes of $40 billion, tra
    8·1 answer
  • A client who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the in
    8·1 answer
  • On October 31, Year 1, A company general ledger shows a checking account balance of $8,415. The company’s cash receipts for the
    12·1 answer
  • How experiences will help in picking a career?
    12·2 answers
  • Ask me anything ‍♂️ I’m bored
    13·2 answers
  • Closing entries and a post-closing trial balance are steps in the accounting cycle that occur
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!