Answer:
The correct answer is option A.
Explanation:
The assessment value can be found by calculating the ratio of assessed value of a property to its market value.
Market value is the rate at which the property can be sold in the open market.
The assessed value is the value given to the property by the assessor's office in order to estimate property taxes.
Answer:
$950,000
Explanation:
As per IRS section 332, in the case when the parent company received a property when the complete liquidation of subsidiary company is done so the receipts of such property would not recorded either any loss or gain. Also the basis of the parent company assets would be carry over basis.
So here the basis would be $950,000
The same is to be considered
Answer:
I believe this would be D
Explanation:
I say that it is D because it is asking about what they would do under certain circumstances and or situations to see what they would say
Answer:
c Claim their expenses as deductions for AGI.
Explanation:
Their costs are specified in Schedule C, not Form 2106 (Option). Although subject to Social Security tax, they are not subject to income tax withholding (option). Legitimate employees are not common law employees (selected). Costs for AGI will be reduced
Hey there,
The word (interest) is when you borrow money but there is a little more money you have to add because of the fact that you took there money. So it is basically a charge on your self because you borrowed, they also need to make profit.
Your correct answer would be <span>a charge for the convenience of accessing money stored in your bank account.</span>
