Answer:
Explanation:
There is a limit on the amount of charitable contribution that a taxpayer can claim as deduction and it depends on the type of property that a taxpayer donates and nature of charity organization. A taxpayer can deduct up to 60% of adjusted gross income (AGI) in the case of cash contributions to public charity. When he contributes capital gain property, he can deduct up to 30% of adjusted gross income in the case of public charity. When he contributes capital gain property to private non operating foundation, he can deduct up to 20% adjusted gross income.
Calculate the maximum amount of deduction as follows
Answer: I think its D
Explanation: because they have the power to to tax, make enforce laws, and charter banks
Answer:
The correct answer is b. capital investment projects.
Explanation:
The purpose of an investment project is to generate profitability, wealth and value, to a large extent the success or failure of a project depends on its evaluation, that is, the valuation of human, technological, material and financial resources; That is why the importance of a well structured and evaluated project that indicates the correct allocation of resources, comparing the purchasing value of the future currency and determining the breakeven point to know its profitability.
