Cuna ficep exam - Study guides, Class notes & Summaries

FiCEP Final : CUNA Review UPDATED Exam Questions and CORRECT Answers Select the statement that correctly describes a progressive tax. - CORRECT ANSWER- A progressive tax requires people to pay more as they earn more. Pick the statement that best describes a regressive tax. - CORRECT ANSWER- A regressive tax charges the same tax rate regardless of the taxpayer's income. Why are government fees and surcharges sometimes described as a form of tax? - CORRECT ANSWER- Because they generate...

FiCEP CUNA Exam with Questions and Answers

FiCEP Final : CUNA Review UPDATED Exam Questions and CORRECT Answers Select the statement that correctly describes a progressive tax. - Ans A progressive tax requires people to pay more as they earn more. Pick the statement that best describes a regressive tax. - Ans A regressive tax charges the same tax rate regardless of the taxpayer's income. Why are government fees and surcharges sometimes described as a form of tax? - Ans Because they generate income for the government.

FiCEP Final CUNA Review Exam Questions and Answers

Ficep cuna final review exam QUESTIONS AND ANSWERS (2024/2025) (VERIFIED ANSWERS)

FICEP CUNA EXAM QUESTIONS AND ANSWERS #3

FiCEP Final : CUNA Review Exam Questions and Answers What benefit is offered when VITA services are combined with credit union programs that encourage taxpayers to open accounts for direct deposit of tax refunds? - Answer-Direct deposit reduces the time required to get a refund, which counters the appeal of refund anticipation loans. What is the name of the organization that offers free tax assistance to taxpayers age 60 or older, those with disabilities or special needs, or who qualify fo...