If Sarah is in the income tax band that has a marginal rate of 24%, the amount of the deduction that must be taken in order to generate a tax advantage that is equivalent to that provided by the child care credit is x = 5000.
This is further explained below.
<h3> What amount of deduction is necessary to provide a tax benefit that is equal to that provided by the child care credit if Sarah is in the 24% marginal income tax bracket?</h3>
Generally, The proportion of an individual's income that must be paid in taxes is referred to as that person's marginal tax rate.
The average tax burden may be conceptualized as the entire tax burden expressed as a proportion of the income that is produced.
Tax: Taxes are payments to the government that is required of all citizens, whether they be people or companies.
In conclusion,
Available deduction = 1200
Deduction rate = 0.24
Amount of money needed for an investment
x= 1200/0.24
x= 5000
Read more about marginal income tax
brainly.com/question/10798743
#SPJ1
It basically means that, if you are a shareholder of a certain business, you are only a liability up to the extent where your shares hold you to
Answer:
Intrinsic Motivation
Explanation:
The right answer according to the given condition is <em>Intrinsic motivation.</em>
<em>What is Intrinsic Motivation:</em>
It is the type of an organizational idea that in an ideal organization employees are way more satisfied with the culture, environment and the work they do than the pay they get. Such type of idea is known as intrinsic motivation.
Hence, in this question, Chip Conley discusses about an idea called intrinsic motivation. Where intrinsic means internal rewards or encouragements that employees are getting due to which they are satisfied to work har irrespective of the pay they are getting.
Answer:
The correct answer is GOOD TIME
Explanation:
A primary feature of the "the mix" is anything for which one can lose GOOD TIME
Growth requires developing a formal structure to function efficiently.
<u>Explanation</u>:
Growing a business from lower level to higher level requires lot of efforts and talents. If the business is developed and moving to the next level, it is necessary for the entrepreneur to follow certain formal structure.
The formal structure helps the owner of the company to maintain his standard in specific hierarchy. This formality may keep the employees or workers organized. The work will be allotted clearly to each and every one and each of them will have their own responsibilities.