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4 years ago

Name at least two of the most common pitfalls employers should be aware of

Business

1 answer:

zimovet [89]4 years ago

3 0

Answer:

Misclassificationof workers: Usually employers classify an employee as an independent contractor rather than a employee. If this happen the IRS can collect taxes back for 3 years up to 45%

Failing to pay payroll taxes: This is a very common mistake, specially for small businesses. The fines that are applicable depend on the number of days late. See the table below:

# Days Late Penalty

1 – 5 days 2%

6 – 15 days 5%

16+ days 10%

10+ days 15%

after first IRS

bill

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Following the Enron debacle, which resulted in employees losing 100% of their 401(k), Congress enacted new laws to protect inves

pychu [463]

Answer:

According to my point of view whenever the employees or any individual who are aware about their money and where their money is being invested to generate more returns. More over if the investments are at high risk for them it is obvious that they should definitely take responsibility for their own investments.

8 0

4 years ago

mazie is on the board of directors for belltone corporation, a corporation that manufactures hearing aids. mazie has not attende

DedPeter [7]

The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.

What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a company, nonprofit, or government agency.

Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.

The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.

Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.

To learn more about board of directors
brainly.com/question/28201050
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8 0

1 year ago

Curly just graduated from State U and has three job offers: teaching at a prestigious private high school nine months a year wit

Alexus [3.1K]

Answer:

The annual salary for each of these offers is probably:

lowest at the high school

in the middle at the bank

highest at the investment firm.

4 0

3 years ago

Read 2 more answers

financial calculator Bruno's Lunch Counter is expanding and expects operating cash flows of $23,900 a year for 5 years as a resu

Ann [662]

Answer:

NPV = 138,347.55

Explanation:

Net Present Value (NPV) : This is one of the techniques available to evaluate the feasibility of an investment project. The NPV of a project is the difference between the present value of the cash inflows and the cash outflows of the project.

We sahall compute theNPV of this project by discounting the appropriate cash flows as follows:

Prevent Value of operating cash flow

PV =A× (1- (1+r)^(-n))/r

A- 23,900, r - 12%, n- 5

PV = $23,900 × (1- (1.12)^(-5))/0.05

=206,769.963

PV of Working Capital recouped

PV = 5600× 1.12^(-5)

= 3,177.59

NPV = initial cost + working capital + Present Value of working capital recouped + PV of operating cash inflow

NPV = (66,000) + (5600) + 3,177.59 + 206,769.96

NPV = 138,347.55

5 0

3 years ago

How do countries develop a comparative advantage over their trading

GrogVix [38]

A would be the correct answer

7 0

3 years ago

Read 2 more answers