Matthew file - Study guides, Class notes & Summaries

A tax returner or claim for refund requiring a paid tax return preparer to determine eligibility for EITC, CTC/ODC/ ACTC, AOTC, and the head of household filling status may be subject to a maximum penalty, totaling what amount for failure to meet due diligence requirements if all four are claimed on a single tax return? - CORRECT ANSWER- a, $2,120 the deduction for state and local income taxes is limited to what amount? - CORRECT ANSWER- a. $10,000 ($5,000 if MFS). A married couple who ma...

criminal gang member an individual who is an active member of a criminal gang a criminal gang A formal or informal ongoing organization Association or group that consists of five or more persons. For the purpose of committing criminal. participating in criminal gang activity VGTOF ( violent gang and terrorist organization file ) This database which is operated by ncic is an intelligent investigative an officer safety tool. cannot use ncic for probable cause to arrest. ...

Which of the following are sources of law used in the American Legal System? - ANSWER-There are three major sources of law in the American Legal System: Statutory law, which is created by the legislative branch; case law, which the courts interpret and apply the law; and administrative rules and regulations. Executive orders fall under administrative rules. The court determines if court rules have been followed and creates case law on those rules. Civil law is a legal system utilized m...

1 HRB FINAL EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ What is the Difference between earned income and unearned income? Correct Answer: Earned income is received for services performed. Examples are wages commissions, tips and generally farming and other business income . Taxable income other than that received for services performed. Unearned Income includes money received ro the investment of money or other property, such as interest, dividends, and royal...

1 HRB-27 FINAL EXAM REVIEW | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ What income reporting form should an independent contractor sometimes receive from the person who paid him for his services? Correct Answer: Form 1099-MISC (15.6) Schedule C, Line F asks for the accounting method used in the business. What is the difference between the cash method and the accrual method of accounting? Correct Answer: • Under the accrual method, total sales and total charges for ...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal, ISBN-7. All Chapters 1-23. (Complete Download) Version 1 1 CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient app...

HR Block Test Questions And Answers A tax returner or claim for refund requiring a paid tax return preparer to determine eligibility for EITC, CTC/ODC/ ACTC, AOTC, and the head of household filling status may be subject to a maximum penalty, totaling what amount for failure to meet due diligence requirements if all four are claimed on a single tax return? - CORRECT ANSWER- a, $2,120 the deduction for state and local income taxes is limited to what amount? - CORRECT ANSWER- a. $10,0...

Desktop publishing The Digital Revolution— and Beyond During the last quarter of the twentieth century and the first decade of the twenty-first century, electronic and computer technology advanced at an extraordinary pace, transforming many areas of human activity. Graphic design was irrevocably changed by digital computer hardware and software and the explosive growth of the Internet. Many years earlier, the Industrial Revolution had begun fragmenting the process of creating and printin...

HR Block Test Questions And Answers A tax returner or claim for refund requiring a paid tax return preparer to determine eligibility for EITC, CTC/ODC/ ACTC, AOTC, and the head of household filling status may be subject to a maximum penalty, totaling what amount for failure to meet due diligence requirements if all four are claimed on a single tax return? - CORRECT ANSWER- a, $2,120 the deduction for state and local income taxes is limited to what amount? - CORRECT ANSWER- a. $10,0...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...