The implications of this business loss is that $162,000 will be treated as the NOL carryforward to subsequent years.
<h3>What is the threshold limit of single in 2021?</h3>
From 2021 IRS, there is a threshold limit of $200,000 as defined by IRS for single.
Tim has an excess business loss = Business loss - Threshold
= $362,000 - $200,000
= $162,000
Tim may use $200,000 of the $362,000 LLC business loss to offset non business income.
Since the excess business loss is treated as the portion of the Tim's NOL carry forward, then, the excess business loss of $162,000 will be treated as the NOL carryforward to subsequent years.
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Answer:
ha will be multiplied by others poststhe answer is poster of anybody should be result the oil region for the 2010 the water holster desert – or result in
Answer :
Accounting rate of return = 0.0432 = 4.32%
Explanation :
As per the data given in the question,
Depreciation per year = (Cost - Salvage) ÷ Useful life
= ($810,000 - $10,000) ÷ 8 years
= $100,000
Annual Net income = Annual net cash flow - Depreciation
= $135,000 - $100,000
= $35,000
Accounting rate of return = Annual net income ÷ investment
= $35,000 ÷ $810,000
= 0.0432
= 4.32%
We simply applied the above formula
Answer: the industry competitors
Explanation:
A business model simply refers to the strategy that a company will use in making profit and achieving its goals.
The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.
It should be noted that the industry competitors isn't among the components.
