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Ivahew [28]
3 years ago
14

What percentage of medical insurance payments can self-employed taxpayers deduct as a deduction for adjusted gross income on the

ir 2019 tax returns?
Business
1 answer:
vekshin13 years ago
8 0

Answer:

"100%" would be the right answer. A further explanation is given below.

Explanation:

  • Self-employed employees become entitled to withhold the remainder of premiums for individuals, eligible families, and certain dependents, namely the 100 percent including its medical benefit payment (which includes dental and even deep-term healthcare insurance).
  • Because it is the law unless net profits exceed the compensation premium, which is likely to subtract $100.
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Match the statement with the term most directly associated with it.1.choose a termRights, privileges, and competitive advantages
Gnom [1K]

Answer:

1. Intangible assets.

2. Amortization.

3. Franchise.

4. Research and Development Costs.

5. Goodwill.

Explanation:

1. Intangible assets: Rights, privileges, and competitive advantages that result from the ownership of long-lived assets that do not possess physical substance.

2. Amortization: The allocation of the cost of an intangible asset to expense in a rational and systematic manner.

3. Franchise: A right to sell certain products or services, or use certain trademarks or trade names within a designated geographic area.

4. Research and Development Costs: Costs incurred by a company that often lead to patents or new products. These costs must be expensed as incurred.

5. Goodwill: The excess of the cost of a company over the fair value of the net assets required.

5 0
4 years ago
The difference between a nominal variable and a real variable is that A. real variables are calculated in​ current-year prices a
Oksanka [162]

Answer:

Option (D) is correct.

Explanation:

Nominal variables are the variable which are calculated on the basis of current market prices such as nominal GDP. Nominal GDP incorporates all of the changes happened in a current year such as changes occured in the inflation or deflation in a current year.

On the other hand, real variables are those variables which are calculated on the basis of base year prices to take the effects of the inflation or deflation during the period of time. For example, Real GDP. real GDP is determined by the market prices of the base year, so that one can compare the actual effect effect of inflation or deflation during a period of time.

3 0
4 years ago
In 2018, Usher Sports Shop had cash flows from investing activities of ($2,150,000) and cash flows from financing activities of
marissa [1.9K]

Answer:

Usher Sports Shop's cash flow from operations for 2018: $5,414,000

Explanation:

Cash at the end of the year = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities + Cash flows from operating activities

Therefore:

Cash flows from operating activities = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities - Cash at the end of the year

Cash flows from investing activities of ($2,150,000) <0 and cash flows from financing activities of ($3,219,000) <0.

Cash flows from operating activities = -$980,000 + $2,150,000 + $3,219,000 + $1,025,000 = $5,414,000

3 0
3 years ago
Full-service advertising agency refers to
sdas [7]

Answer:

An advertising agency that provides the most complete range of services including market research, media selection, copy development, artwork and production.

Explanation:

Advertising can be described as the various strategies used to create an awareness of a product to the public. The main objective of advertising is to persuade potential customers to purchase the product.

Full service advertising offers a complete range of services which include carrying out an extensive market research on the product, a good media management, excellent design and packaging of the product.

Hiring the services of full advertising agencies creates room for a team of specialists to work together inorder to boost the sales of the product. It also provides enough time for the management of an organisation to figure out new ways to strategize their business.

8 0
3 years ago
Joe bought a stock at $57 per share. the price promptly fell to $55. joe held on to the stock until it again reached $57, and th
ki77a [65]
<span>When buyers purchase stock at a certain price, and it falls, and then rises back up to its original purchased price, this is called the weak- form EMH. The weak form EMH states that market and securities are random in nature and are not influenced by past events in stock levels.</span>
8 0
3 years ago
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