Answer:
$10,527
Step by step Explanation:
Ist January to 31 August is 8 months
Therefore;
$54,000 x 12/8 = 81,000
15% x 50,000 = 7,500
25% x 25,000 = 6,250
34% x 6,000 = 2,040
7,500 + 6,250 + 2,040 = 15,790
Short period = 15,790 x 8/12 = $10,526.673.
Therefore The tax for this short period is $10,526.673 approximately $10,527
Answer:
<u>Incidental</u> damages
Explanation:
In a situation where an employer doesn't fulfill a contract agreement with an employee, just like in the question above, where Jeremiah was unfairly terminated before his employment contract expired, he has the right to collect "damages" which is legal compensation for financial losses caused by the termination of his employment contract before it expired. Incidental damage is the answer because Jeremiah incurred expenses where he had to spend $500 to find another job as a result of the employer's breach of the contract.
Answer:
Grace is incorrect because of the veil and alter ego theory
Explanation:
In this scenario Grace formed a corporation along with her three friends. As a result of catering services offered guest became ill and sued Grace and the other owners for damages.
According to the alter egos theory personal liability can be invoked on the owners of a corporation or its limited liability members.
Alter ego theory is used to penetrate the corporate veil that protects shareholders. Personal liability can be assigned on the business owner as it is in this case against Grace and the other owners.
Answer:
The second statement is true.
Explanation:
- The school is dependent on what state the 529 is registered with.
- Option 3 is not a benefit
- 529 contributions are made with after tax dollars, only interest earned and distributions are tax deffered.
