Answer and Explanation:
The total deductible expense is for tax purpose is shown below:
The income that is earned from gambling and winning lotteries via legal or illegal the same is to taxable
Also the nonrecorded and illegal expenses would be ignored
The following expenses should be considered as deductible
(1) Rent paid of $41,500
(2) Travel expenses $4,150
(3) Utilities of $24,900
(4) Wages $356,750
(5) Payroll Taxes $20,750
(6) Property insurance $2075
Bribes and illegal kickbacks are not taxable
Answer:
When you claim your business profile on Google, you will find an option of creating a website.
After claiming your profile, sign in to Google my business account.
Select the location you want to manage (if you have multiple locations).
Click on the website menu to create your website on Google.
A website created at Google is suitable for small businesses and would help Darian for its gourmet cupcake business.
Explanation:
When you claim your business profile on Google, you will find an option of creating a website.
After claiming your profile, sign in to Google my business account.
Select the location you want to manage (if you have multiple locations).
Click on the website menu to create your website on Google.
A website created at Google is suitable for small businesses and would help Darian for its gourmet cupcake business.
Answer:
The statement which is false is that the person will get the form in the mail few months back before file the taxes.
Explanation:
W- 4 form is the Employee’s Withholding Certificate, it is that certificate which is filled when they start a new job, it is used to determine the how much amount of withhold from the gross income or wages of the employee for the federal income tax.
This form contains the contact information and the Social Security number, claim dependents and the filing status. It is fill it out when the person first start the job.
Answer:
Herstatt.
Explanation:
The risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known as herstatt risk.
Herstatt risk is also known as cross-settlement risk or settlement risk. It was named after Bankaus Herstatt (a German bank) that failed in June 1974 when it was supposed to settle a contract for a payment received from the other party and consequently, amounting to a loss of about $602,000,000.
Hence, is mainly a loss in foreign exchange transactions where a party defaults after receiving money from another.
