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eduard
3 years ago
5

How might the inability to provide fringe benefits affect a sole proprietors ability to run a business

Business
1 answer:
Reika [66]3 years ago
4 0
The inability of sole proprietors to provide fringe benefits to their employees can affect the service rendered to customers. Without fringe benefits, the employer will not be able to attract quality applicants for his business. He may have to settle for less qualified staff who may not be able to provide clients with excellent service.
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All of the following are career pathways for Finance except: A. operations management B. accounting C. banking services D. Insur
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Evan is single and has AGI of $277,300 in 2020. His potential itemized deductions before any limitations for the year total $52,
tatiyna

Answer:

$24,402.50

Explanation:

Medical expenses can be deducted only if they are above 7.5% of your AGI:

$277,300 x 7.5% = $20,797.50

Medical deductions = $29,000 - $20,797.50 = $8,202.50

Evan can deduct $8,700 in mortgage interests

Total deductions for state and local taxes for a single filer = $5,000

Charitable contributions are also deductible = $2,500

total deductions = $8,202.50 + $8,700 + $5,000 + $2,500 = $24,402.50

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3 years ago
What does it mean to trust intent to avoid conflict
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