when preparing your taxes, what can possibly help reduce the amount of taxes that you owe?

Answers

Answer 1

Answer:

By Opening a saving account

Answer 2

When preparing your taxes a tax credit can help you to reduce the amount of taxes that you owe.

A tax credit can be referred to as an item that is used directly to reduce what someone has to pay as taxes in a year. The tax credit helps by decreasing a person's tax liability.

The tax credit could be automatically gotten or it could be claimed. Tax deductions can also be used to reduce the amount that a person earns just before they calculate their taxes.

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Related Questions

A. Wealth
B. Level of living
C. liquidity
D. Assets

Answers

Answer:

D. Assets

Explanation:

those are all things you have and are considered to be owned by you, therefore they're your assets.

hope this helps! :)

the owl’s roost started out as a roadside farm stand that sold its organic fruits, vegetables, and homemade baked goods to customers driving by. as the popularity of its products grew, it began selling to the local markets, which made it easier for customers craving an owl’s roost peach pie to buy the pie directly from the nearby market, rather than from the farm stand, which was farther away. what type of marketing channel does this situation illustrate?

Answers

Marketing channels are employed in a bid to aid the distributorship of goods to customers. The marketing channel that was employed by Owl's Roost in the above example is;

Indirect Marketing Channel with one Intermediary

Indirect marketing or indirect selling occurs when businesses employ one or more intermediaries to help out in the distribution of their goods to customers. This is what Owl's Roost applied in this case.

The local market that was employed to aid distribution is the one intermediary that Owl's Roost used to sell its organic fruits and vegetables.

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What term is designed to give the employee the freedom and opportunities to push the boundaries of their job description and to think about new and better ways to work?

Answers

The term initiative principle was created to give employees the freedom and opportunities to push the boundaries of their job description and think about new and better ways of working.

The initiative principle is one of the 14 administration principles that was developed by Henry Fayol and corresponds to the authorization of the expression of the collaborators' ideas.

Therefore, the principle of the initiative guarantees the possibility for the employee to contribute to the company with creative ideas that generate value, innovation, engagement and employee motivation.

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Answer:

Professional Development

Capital State University agreed to pay for Irene to attend their school and play lacrosse for their team. As part of their arrangement, Irene is not required to pay the school back. Which form of financial aid did Irene receive

Answers

Based on the information given the form of financial aid that Irene receive is: Scholarship.

Scholarship is a form of financial aid or financial assistance granted to an individual in order to support them.

Example when a person education or tuition fees is fully paid without the person paying a dime, it is called scholarship.

Based on the information given the financial aid that Irene receive is called scholarship because the university fully paid Irene tuition without Irene paying a dime.

Inconclusion  the form of financial aid that Irene receive is: Scholarship.

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will give brainliest 5

Answers

Answer:

ok

weeeeeeee weeeeeee lugi

Answer:

1,2,3,4,5 hope this helps :)

Explanation:

personal finance question,, think its a or b??? i second guess myself alot lol

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Answer:   C

Explanation:

Answer:

It is either B or C. But, C is most reasonable.

In your job application, you must sound professional so they actually think about hiring you, or by sounding professional, it gives you a higher chance of getting the job.Why I think it's B is because it's quite helpful having a paper and online copy. But it's not essential. Having either or is enough.

I hope this helped at all.

The sales interns of Nortrom Inc., an electronics company, call the company's potential clients and inform them about the company's various products and offers. In this scenario, the sales interns of Nortrom Inc. are engaged in _____.

Answers

Answer:

whys it taking so long to load bro

Explanation:

The ________ value of a bond, also called the face amount or face value, is paid at a stated future date, known as the bond's maturity date. Multiple choice question. fair market value par selling price net realizable value

Answers

The Par Value of a bond also called face amount or face value.

Par Value can also be called Nominal value is the  financial instrument  value be it  bond or stock of a corporate certificate at the time of issue.

Par value is also the lowest price per share for shares to be issued for full payout .Typically, most par value are set at $0.001 per shar or lower to reduce the amount paid to founders. It is calculated as Par value of preferred stock = (Number of issued shares) x (Par value per share)

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A compromise can only be reached when ______. A. Both sides agree b. One side agrees c. Neither side agrees d. An arbiter is involved Please select the best answer from the choices provided A B C D.

Answers

Answer: Both sides agree

Explanation: I have my own company.

Answer:

a

Explanation:

just took the test

What are the 3 Levels of Management?:​

Answers

Explanation:

Administrative, Managerial, or Top Level of Management.

Match the terms with their correct definitions.

Answers

yaaaaaaaaaaaaaaahhhhhh

suppose the government decides to intervene to bring the economy back to the natural level of output by using

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Government are known to set u different policies to regulate the economy. Suppose the government decides to intervene to bring the economy back to the natural level of output by using Expansionary monetary policy.

Expansionary monetary policy is known to expand the money supply faster than normal or even lower short-term interest rates.

It is known to be set up by central banks and comes about through open market operations. etc

This monetary policy often increases the money supply in an economy.

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Your firm is considering an investment that will cost $920,000 today. The investment will produce cash flows of $450,000 in year 1, $270,000 in years 2 through 4, and $200,000 in year 5. The discount rate that your firm uses for projects of this type is 11.25%. What is the investment's net present value

Answers

Based on the information given the investment's net present value is $192,369.06.

Using this formula

Net Present Value(NPV)=-Initial cost+ Cash flow during time period/(Discount rate+ Cash flow time)

Let plug in the formula

NPV=-920,000+450,000÷(1+0.1125)^1+270,000÷(1+0.1125)^2+270,000÷(1+0.1125)^3+200,000÷(1+0.1125)^4

NPV=-920,000+450,000÷(1.1125)^1+270,000÷(1.1125)^2+270,000÷(1.1125)^3+200,000÷(1.1125)^4

NPV=$192,369.06

Inconclusion the investment's net present value is $192,369.06.

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All of the following are true statements about the workers in the Lowell factory system EXCEPT a they worked a maximum five days a week for eight hours a day b they were virtually all New England farm girls c they lived in company boardinghouses and were forbidden to form unions d they worked in factories where the windows were nailed shut

Answers

The statement about the workers in the Lowell factory system which is incorrect is:

A. They worked a maximum five days a week for eight hours a day

According to the given question, we are asked to show the odd statement out from the given answer choices about the Lowell factory system which was not true.

As a result of this, we know that the Lowell factory workers were young girls who worked in Massachusetts in America at the height of the Industrial Revolution and they lived in company boarding houses, forbidden to form unions and the windows of the factories were nailed shut.

Therefore, the correct answer is option A

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A(n) _____ note is an obligation requiring a series of payments to the lenders. Multiple choice question. secured registered term installment

Answers

Answer: installment

Explanation:

On August 1, Harris Co. determines that it cannot collect $200 from its customer, L. Dash. Harris Co. uses the direct write-off method, so they will record the write-off of this account by debiting:

Answers

Answer:Bad Debt Expense

Explanation:

Accounts receivable would be credited under the allowance method

Monica has created her own cleaning solution. Monica's friends encourage her to sell the cleaning solution; they think it is so fantastic they believe Monica will make a lot of money on it. They encourage Monica to apply for a patent on the cleaning solution formula so that no one can copy it, and so Monica will be the only one who can sell it. Monica likes the idea of making a lot of money but knows she will have to reveal her formula to obtain a patent, otherwise she would have to keep it a trade secret. If Monica decides to apply for and receives a patent on the cleaning solution: __________

Answers

If Monica decides to apply for and receive a patent on the cleaning solution, she must disclose the formula, but she has the exclusive right to make and sell it for twenty years.

This solution is based on US patent law, which seeks to encourage inventors to develop new technologies under the exclusive right of use for a limited time.

Patent law specifies a period of 20 years for the use of exclusive patent rights, which period may be extended if requested.

Therefore, if Monica decides to apply for and receive a patent on the cleaning solution, she will be able to make, use, sell and import her invention with the right to exclude others.

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What do you call to the agreement between the company and the establishment that allows certain staff to charge back the costs and expenses to the company?​

Answers

Answer:

The Service Level Agreement (SLA)

Explanation:

A service-level agreement (SLA) is a contract between a service provider and its customers that documents what services the provider will furnish and defines the service standards the provider is obligated to meet. A service-level commitment (SLC) is a broader and more generalized form of an SLA. The two differ because an SLA is bidirectional and involves two teams. In contrast, an SLC is a single-directional obligation that establishes what a team can guarantee its customers at any given time.

Hope this helps!

Margin in a futures transaction differs from margin in a stock transaction because a. stock transactions are much smaller b. delivery occurs immediately in a stock transaction c. no money is borrowed in a futures transaction d. futures are much more volatile e. none of the above

Answers

Answer:

Margin in a futures transaction differs from margin in a stock transaction because a. stock transactions are much smaller b. delivery occurs immediately in a stock transaction c. no money is borrowed in a futures transaction d. futures are much more volatile e. none of the above

Explanation:

transaction d. futures are much more volatile e. none of the above

If the population of a country is 1,000,000 people, its labor force consists of 500,000, and 40,000 people are unemployed, the unemployment rate is:

Answers

Answer:

8.0 percent

Explanation:

To find the unemployment rate you:

Divide the number of people unemployed by the number of people in labor force (Employed and Unemployed)Then, multiply the number by 100

Hope this Helps

Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthly expenses D Creating financial plan​

Answers

Answer:

C) Record monthly expenses

Explanation:

the discovery of a large amount of previously-undiscovered oil in the u.s. would shift

Answers

What will happen if there is discovery of a large amount of previously-undiscovered oil in the u.s. is that :

In long-run aggregate-supply curve to the right.

For aggregate supply curve shifts to the right, it can be deduced that at every price level, there is a production of higher quantity of real GDP.

This is usually referred to as  positive supply shock in economics.

Therefore, aggregate-supply curve to the right in the long run.

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THE Leo Frank case is one of the most notorious and highly publicized cases in the legal annals of Georgia. A Jewish man in Atlanta was placed on trial and convicted of raping and murdering a thirteen-year-old girl who worked for the National Pencil Company, which he managed.

The annual percentage rate (APR) of a loan is different from the interest rate because it:
A. includes charges and fees.
B. includes the rate but not the fees and charges.
C. is calculated from the remaining interest owed.
D. only covers the interest for a year.

Answers

Answer:

i think the answer is b

Explanation:

Answer:

a

Explanation:

A. includes charges and fees.

On January 1, 2022, Discipline Company, a calendar-year company, issued $800,000 of notes payable, of which $200,000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2022, is

Answers

The proper balance sheet presentation on December 31, 2022, is: Current liabilities, $200,000; Long-term Debt, $600,000.

Based on the information the proper balance sheet presentation on December 31, 2022, will be current liabilities of the amount of $200,000 which is the amount  due on January 1 .

While the Long-term Debt will be$600,000 calculated as:

Long-term Debt=Notes payable- Due amount

Long-term Debt=$800,000-$200,000

Long-term Debt=$600,000

Inconclusion the proper balance sheet presentation on December 31, 2022, is: Current liabilities, $200,000; Long-term Debt, $600,000.

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Explain how a car dealer could create added value to the goods they buy in?

Answers

Answer:

Explanation:

Car dealer:

Attractive show rooms, has a knowledgeable and well dressed car dealer assistants for helping customers, should have top-quality cars that are easily recognized by the customers.

Hope this helps!

Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities. A. Longer; greater B. Longer; lower C. Shorter; lower

Answers

The answer is *B* Longer,Lower.

Lately, Marcus has noticed a lot of customer complaints that items purchased from his web store don't meet expectations. What improvement to the website will best help to solve this problem so customers know better what to expect when they buy items from his website

Answers

The improvement to this website that would best help to solve the problem so that customers would know what best to expect are High-quality product photos.

The issue is that there is disconnection between what the customers see and what they get.

In order to meet with customer complaints, Marcus has to listen to the problems that they seem to be having.

Then he has to effect the required changes by creating a connection between what his customers see and what they get.

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Conduct a SWOT analysis between public and private universities of Bangladesh. Use the
internet to locate organizations charts for five different organizations. (or use the data from
the internet to draw the organization charts yourself.) look for similarities and differences
among them and try to account for what you find.

Answers

There are 53 public universities in Bangladesh, 97 private universities and 3 international universities. The organizational structure of these universities is functional, where resources are organized by departments.

They also have a linear, matrix, hybrid and project-based structure. The similarities between public and private universities are related to the functional structure.

Public universities are controlled by the government and are subsidized, while private universities are run by the private sector and all are affiliated with a commission created in accordance with the presidential order, called the University Grants Commission.

SWOT analysis is a tool that allows an organization to analyze the characteristics of its internal and external environment that impact its development.

In the micro environment, strengths can be related to the faculty, growth rates, student body and weaknesses therefore can be related to structure, centralized command and educational and institutional policies.

In the macro environment, opportunities may be related to foreign investment and educational development programs. On the other hand, threats related to social inequality, which prevent students from entering university, bureaucracy and insecurity.

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if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you have identified a leadership model.

Answers

Answer:

Behavioral

Explanation:

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