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pentagon [3]
2 years ago
12

The Taxpayer First Act does NOT change the electronic filing requirement for which type of exempt organization information retur

n?Form 990-N,
a. Annual Electronic Filing Requirement for Small Exempt Organizations (e-Postcard) Form 990-EZ,
b. Short Form Return of Organization Exempt from Income Tax Form 990-PF,
c. Return of Private Foundation Form 990-T,
d. Exempt Organization Business Income Tax Return
Business
1 answer:
Scilla [17]2 years ago
5 0

Answer:

a. Annual Electronic Filing Requirement for Small Exempt Organizations (e-Postcard) Form 990-EZ,

Explanation:

The new law Taxpayer First Act  requires all tax-exempt organizations with a filing requirement Forms 990, 990-PF, 990-EZ, 990-T  and Form 8872 (Section 527 political organizations are now required to e-file their periodic contribution and expenditure reports) to do so electronically .

Form 990-N postcard have been required to e-file through the IRS’ website directly or by using a tax software approved by IRS since its inception.

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Alain Mire files a single tax return and has adjusted gross income of $314,000. His net investment income is $43,000. What is th
ratelena [41]

Answer:

$1,634

Explanation:

The computation of the additional tax to be paid is shown below:

Additional tax is

= Tax rate × net investment income

= 0.038  × $43,000

= $1,634

We simply multiplied the tax rate with the net investment income in order to determine the additional tax

4 0
2 years ago
What are the challenges planner and mangers do not face in decision making?<br>​
Lady bird [3.3K]

Answer:

Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more

Explanation:

7 0
3 years ago
Are facial movements that convey emotional messages
Grace [21]

By observing a person's emotions one can identify the person's emotions.

7 0
1 year ago
As a private limited firm dealing with garment manufacturing, you have little cash in hand but considerable business potential.
Alborosie

Answer:

A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.

The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.

4 0
3 years ago
What term defines the prescribed forms and practices of appropriate behavior?.
Anastaziya [24]

The term that defines the prescribed forms and practices of appropriate behavior is called etiquette.

<h3>What is etiquette?</h3>

Etiquette are behavior expected to be complied with people. It means acceptable standard of behavior in the society.

Hence, the term that defines the prescribed forms and practices of appropriate behavior is called etiquette.

Learn more about etiquette here : brainly.com/question/5718637

#SPJ1

4 0
1 year ago
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