The best term to the situation where Greg is in is that he is an expatriate. It is a term called to a person who resides or is living outside his country. This explains the situation where Greg is in Saudi Arabia when he originally from Florida. This is also a term that describes to a person who is living abroad.
The Yanos Company found that the prior year's tax liabilities had been handled incorrectly after reviewing their books. They'll now have to make accounting adjustments. An example of modifications brought on by an error is this.
A person who is able to adjust to changes in their physical, occupational, and social environment is said to be in a state of adjustment. Adjustment, then, is the behavioral process of balancing opposing demands or needs that are hampered by environmental challenges. Both people and animals regularly adapt to their surroundings. For instance, they eat to sate their hunger when it is triggered by their physiological state, which allows them to respond to the hunger stimuli. An failure to respond normally to a need or stress in the environment is a sign of adjustment disorder.
To have a life of high quality, adjustment must be successful. People who have trouble adjusting are more prone to experience clinical anxiety.
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Answer:
$1510.28
Explanation:
The monthly on the purchase of new sports car can be computed using the pmt excel function as shown below:
=pmt(rate,nper,-pv,fv)
rate is APR of 7.15% expressed in monthly terms i.e 7.15%/12
nper is the number of months that payments would last i.e 60 months
pv is the cost of the new sports car i.e $76000
fv is the balance owed after the 60th payment i.e $0
=pmt(7.15%/12,60,-76000,0)=$1510.28
Answer:
Tanuja is not entitled to a QBI deduction in 2019.
Explanation:
Tanuja has QBI from her accounting firm of $540,000
W-2 wages = $156,000
Unadjusted basis of property used in the LLC = $425,000
Taxable income before the QBI deduction = $475,000
Modified taxable income = $448,000.
Her accounting firm is a "specified services" business and she and her spouse's taxable income before the QBI deduction is $475,000, which exceeds the threshold for 2019.
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