Answer:
He can Claim a 50% deduction on the Schedule C Business Expense Deductions
Explanation:
Business Meals fall under the category of the small businesses tax deductions made available under Schedule C by the Internal Revenue Service that can small businesses can take advantage of.
- The business owner or employee must be present at the meal.
- The meal must not be extravagant under any circumstances.
- The meal must be an ordinary and necessary part of carrying on businesses.
Gary as a self-employed accountant is a small service provider who can take advantage of this deduction.
Answer:
about 1.24 million dollars
Explanation:
Account value is multiplied by 1.06 each year, so after 45 years, it has been multiplied by 1.06^45. The value is ...
$90,000 × 1.06^45 = $1,238,814.97
<span> 50 percent
Hope this helps!</span>
Answer:
c. External audit.
Explanation:
These are options for the question
a.
Internal audit.
b.
Financial audit.
c.
External audit.
d.
Integrated audit
External audit in finance in finance is usually carried out by an external auditor to examine financial statement of an organization. It helps to know
the economic actions going on in the organization and how accurate is the financial statement.
It should be noted that External auditor that carry this out should be from another organization different from the company that the auditing is carried out in.
Loaner
I hope this is right.
