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andrezito [222]
2 years ago
13

The Tax Cuts and Jobs Act allows owners of a sole proprietor or partnership to deduct up to _____ percent of the income earned b

y the business from their individual return to arrive at taxable income beginning in 2018.
Business
1 answer:
Alexandra [31]2 years ago
7 0

The tax Cuts and Jobs Act took a massive reform law that allows business owners to deduct up to <u>20 </u>percent of their income earned to arrive at a Taxable income in 2018.

<h3>Who are the Tax Cuts and Jobs Act?</h3>

The Tax Cuts and Jobs Act (TCJA) is a landmark tax reform bill that went into effect in 2018, created for a new tax deduction for business owners.

  • Business owners who meet certain criteria can offset up to <u>20%</u> of their gross business income from their taxes, lowering their effective tax rate by 20%.

The changes include:

  • Lowering corporate and individual tax rates,
  • Boosting the standard deduction as well as family tax credits etc

Learn more about the Tax Cuts and Jobs Act here:

brainly.com/question/26428089

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Job descriptions often include the following information related to the job
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Resume, school transcript, professional certifications, awards, memberships in professional organizations. Letters of recommendation, "thank you" notes, newspaper/website articles about you.

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Karen and Mike currently insure their cars with separate companies, paying $400 and $600 a year. If they insured both cars with
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Answer:

$1,720

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Employee morale at dos santos, inc., is very high. this type of informtaion is an example of:_______
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Employee morale at dos Santos, inc., is very high. this type of information is an example of <u>Qualitative Data</u>

<h3>Qualitative data: What are they?</h3>

Information that approximates and characterizes is what qualitative data are. Qualitative information can be observed and recorded. This particular data type is not numerical. This kind of information is gathered using focus groups, one-on-one interviews, observations, and similar techniques. In statistics, categorical data, or information that can be categorized based on the characteristics and traits of an object or phenomena, is often referred to as qualitative data.

It is frequently referred to as categorical data because qualitative data can be categorized.

Imagine a situation where a student reads aloud in class from a section of a book. A teacher who is listening to the reading offers feedback on the passage that the student read. An example of qualitative data is when a teacher gives feedback to a student without deducting points for fluency, intonation, word choice, or pronunciation clarity.

As a result, dos Santos, Inc. has exceptionally high employee morale. This kind of data is an illustration of qualitative data.

For more information on <u>Qualitative Data</u>, refer to the following link:

brainly.com/question/12929865

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