A taxable income is the total amount of money left after being deducted by other government payments. Meanwhile, a disposable income is the accounting of income taxes in an employee's payroll. Therefore, Ashton's taxable income is, $80,000 while his disposable income is $75,500.
<span>If
the friend sues Mary, the court most likely will not require Mary to do
anything because this was a gift promise. In order for a gift promise to be
enforceable by the law, it should be a contract. And in order for it to be a
contract, there should be a consideration received by Mary but in this case, no
consideration was received by Mary therefore, the promise is unenforceable.</span>
Answer:
A) <em>a moral judgement.</em>
Explanation:
(´･ω･`) hope this helps!
Answer;
-Federal
-Local
-State tax
Explanation;
-A federal income tax is a tax levied by the United States Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.
-All businesses must pay state income taxes. Some businesses, such as corporations, are taxed as separate entities for income purposes, while the income of other businesses is not taxed separately from the incomes of their principal owners.
-A local tax is usually collected in the form of property taxes, and is used to fund a wide range of civic services from garbage collection to sewer maintenance. The local taxes include:
- Property tax
- Operating tax, which is used by some cities in lieu of a business license
- Sales tax, if your business is engaged in retail sales
- Income tax, which is rare but may be imposed on businesses operating in larger cities
D. Compare the monthly bank statement to the check register.
