Answer:
Yes. Nicoula is required to pay tax including the tips
Explanation:
Since Nicoula received $1,200 in unreported tips during 2016 and owes Social Security and Medicare taxes on these tips. Her total income for the year, including the tips, is $4,300.
Nicoula is required to pay an income tax return for 2016 because Tips are considered to be part of employee wages and or salaries, hence employers are required by law to withhold and pay to the IRS payroll taxes on the tips employees report to them each month.
It is mandatory to report on the tax return, the amount of any Social Security and Medicare taxes Nicoula has failed to pay on her 'tip income'.
Answer:
I might surely not want to work with this sort of supervisor who works this way. I would like to work with a manager who comprehends his subordinates, gives due regard and help them in developing instead of simply requesting. To the extent this methodology is concern, it's particularly pragmatic in this day and age. In the present time, there are pioneers who don't do anything considerable all alone and simply request their workers to accomplish certain assignments at any expense.
She made no profit she had to used 10$ extra to buy the 80$ bike and sold it for 90$ therefore she made the ten back this is what i think hope this helps
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Purchases in May were $58,000, while expected purchases for June and July are $72,000 and $85,000, respectively. All purchases are paid 40% in the month of purchase and 60% in the following month.
Cash for June:
June= 72,000*0.4= 28,800
From May= 58,000*0.6= 34,800
Total= $63,600