These workers are called contingent workers
Contingent workers are the type of workers that hired per-project basis. This make up Freelancers, consultants, or contractors.
Since technically these workers are not a part of the company, the company is not require to give benefit to them like its full-time workers.
Explanation:
A SWOT analysis is a framework that is used to analyze a company's competitive positioning in its business environment. Coca-Cola is carefully reviewing its SWOT analysis and using it to make strategic decisions. ...
Answer:
Veronica will pay more taxes and Matt will pay less taxes to the government
Explanation:
In a progressive tax system, the percentage rate of taxation increases as the income rises. It means that individuals with a high income will be taxed at a higher tax rate than low-income earners. A progressive tax rate is based on an individual income level; the higher the income, the higher the tax rate.
Veronica earns more than Matt. Under the progressive tax system, veronica will be taxed at a higher rate than Matt. Therefore, veronica will pay more taxes than Matt.
Explanation:
30%
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Answer:
The answer is: An S Corporation
Explanation:
An S Corporation is a small business corporation. The main characteristics of an S Corporation are:
- All its shareholders must be legal residents in the US.
- It can only have up to 100 shareholders.
- All shareholders must be individuals.
- Profits and losses are passed on to shareholders and distributed in proportion to their stake in the corporation.
- Some trusts and estates that are eligible for certain tax exemptions can be shareholders in an S Corporation.