1. What are three common types of federal taxes? (1.5 points) federal income taxes, payroll taxes (Social Security and Medicare) and estate tax
2. What are two common types of state taxes? (1.0 points) Income tax, sales tax
3. What is a tax refund? (0.5 points) A refund ta taxpayer receives after filing a return
4. What is payroll withholding? (0.5 points) payroll taxes (Social Security and Medicare)
5. What is estimated tax? (0.5 points) Estimated tax is the method used to pay tax on income that is not subject to withholding.
6. What is an IRS audit? (0.5 points) An IRS audit is a review/examination of an organization's or individual's accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct.
7. What is a dependent? (0.5 points) s a person other than the taxpayer or spouse who entitles the taxpayer to claim a dependency exemption. Children are an example of this
Bid adjustments. If you don't find an answer on this site use Google.
Answer: The primary purpose of a mission statement is to state the reason for the existence of the business. The correct answer is D.
Explanation:
A mission statement is an important part of a businesses values. Every company should have a mission statement for their employees and their customers. The mission statement should be positive and set achievable goals for the future of the business. In the statement, a description of the location of the business should be included. The statement can include what types of customers are wanted and needed for the business to thrive.
<span>From 1997 through 2006 the price of the average American home increased by nearly 125%. In the same time period this meant the home price ranged from 2.9-3.1 times the average household income. This led to fast and loose lending which include adjustable rate mortgages. This meant that once the economy crashed, up to 9 million homes were foreclosed on in one year, the average year normally sees roughly 1 million homes in foreclosure. In total, that represented $450 billion in losses from the banks.</span>
The main function of a manager that demonstrates the above situation is "planning". The planning is a step that includes mapping out exactly how to achieve a particular goal, in the situation above Arman plans to improve the company sales.