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2 years ago

How long does it take irs to approve refund after accepted?.

Business

1 answer:

Xelga [282]2 years ago

8 0

Answer:

It is taking the IRS more than 21 days to issue refunds for some 2020 tax returns that require review including incorrect Recovery Rebate Credit amounts, or that used 2019 income to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC).

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Tasty Subs acquired a delivery truck on October 1, 2021, for $21,500. The company estimates a residual value of $2,500 and a six

Oksanka [162]

Answer:

The depreciation expenses will be "950 and 3610". A further explanation is given below.

Explanation:

The given values are:

Cost,

= $21,500

Salvage value,

= $2,500

Asset's total life,

= $100,000

Now,

The Depreciation rate will be:

= $\frac{ (Cost - Salvage \ value) }{Asset's \ total \ life}$

On putting the values, we get

= $\frac{ (21500 - 2500) }{100000}$

= $\frac{19000}{100000}$

= $0.19$

So,

For the year 2021, the depreciation expense will be:

= $Depreciation \ Rate\times Actual \ Mileage$

= $0.19\times 5000$

= $950$

For the year 2022, the depreciation expense will be:

= $Depreciation \ Rate\times Actual \ Mileage$

= $0.19\times 19000$

= $3610$

7 0

3 years ago

When competition is present and property rights protected and enforced, market prices will?

Allisa [31]

When competition is present and property rights protected and enforced, market prices will encourage self-interested individuals to develop skills that are expected to be valuable in the future. A system of well-defined, secure private property rights promotes economic performance and progress.

5 0

4 years ago

4. Were you impressed to see how average people have used the speaker's invention to

Nataly_w [17]

Answer:

Yes, I was very impressed to see how average people have used the speaker's invention to create new ways of doing things.

The kids are highly imaginative and there was a boy who designed and constructed a dog piano which was very creative and very unusual.

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4 years ago

Elements of a sucessful entreptrneu

zlopas [31]

Knowledge Hungry. There are people whose personality predisposes them to running their own business. However, entrepreneurship like most skills is largely learned and perfected over time.
Persistence. The reason many people who’d love to be their own boss end up sticking to their 9-to-5 is because business is tough.
Self-Reliant. Great entrepreneurs are good managers. They know how to marshal the troops, rally them toward a cause and ensure everyone in the team is pulling their weight.
Change-Ready. The business environment is never static. It’s in a constant state of flux with ever changing technologies, regulations, competitors and customer expectations.
Self-Care. When you are an employee, you are part of a team working toward a defined goal. Ergo, you share with others the burden of achieving this goal.

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3 years ago

Read 2 more answers

For the questions below, select the appropriate answer. Are households primarily buyers or sellers in the goods and services mar

saveliy_v [14]

Answer:

1 = They are Buyers 2= They are buyers. 3=They are sellers.

Explanation:

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3 years ago