Business and Finance Homework

Need finance homework help? Ask an Expert

Connect one-on-one with {0} who will answer your question

Related Business and Finance Homework Questions
Question 91 Question text Generally, lower income taxpayers
Question 91 Question text Generally, lower income taxpayers will figure required estimated tax payments by paying the lesser of ______ of last year's tax or _______ of the current year's tax.Select on… read more
Carter McBride
Carter McBride
LLM
82 satisfied customers
I would like to request help filing out Schedule A, Form
I would like to request help filing out Schedule A, Form 2106, Form 4797, and Form 8863 for the following tax return project.Armando Z. and Lourdes K. Gonzales are married and file a joint return. Arm… read more
PDtax
PDtax
Owner
Master's Degree
15,080 satisfied customers
Question 1 (2 points) Question 1 Unsaved Jon, age 45, had
Question 1 (2 points) Question 1 Unsaved Jon, age 45, had adjusted gross income of $25,000 in 2014. During the year, he incurred and paid the following medical expenses: Drugs and medicines prescribed… read more
Expert
Expert
379 satisfied customers
10. Kevin, a single taxpayer, had 2014 wages of $65,000 from
10. Kevin, a single taxpayer, had 2014 wages of $65,000 from his job at Big Company, Inc. What is Kevin's AGI if he has the following (and only the following) additional items in 2014? Itemized deduct… read more
DanielleCPA
DanielleCPA
Certified Public Accountant
Bachelor's Degree
1,490 satisfied customers
2) Under Carls will, Carl created a testamentary trust to
2) Under Carl's will, Carl created a testamentary trust to be funded with $700,000 worth of assets. All of the income of the trust is payable to Carl's child, Jane, for her life, and thereafter, the r… read more
Expert
Expert
379 satisfied customers
For 2011, all of the following situations qualify as
For 2011, all of the following situations qualify as exceptions to the penalty for underpayment of estimated tax except A. Total tax shown on the return minus withholdings is less than $1,000. B. Esti… read more
Expert
Expert
Assuming none of the following taxpayers had AGI in excess
Assuming none of the following taxpayers had AGI in excess of $150,000 in Year 1, which of them should have made estimated tax payments for Year 2? A. Gene has a Year 2 tax liability of $45,000, had a… read more
levr
levr
Bachelor's Degree Equivalent
56,646 satisfied customers
Assuming none of the following taxpayers had AGI in excess
Assuming none of the following taxpayers had AGI in excess of $150,000 in Year 1, which of them should have made estimated tax payments for Year 2? A. Gene has a Year 2 tax liability of $45,000, had a… read more
levr
levr
Bachelor's Degree Equivalent
56,646 satisfied customers
New Wave Co. sold 10,000 annual subscriptions of Game Life
New Wave Co. sold 10,000 annual subscriptions of Game Life for $75 during December 2012. These new subscribers will receive monthly issues, beginning in January 2013. In addition, the business had tax… read more
PDtax
PDtax
Owner
Master's Degree
15,080 satisfied customers
Will pay good bonus for fast help!! 1. For federal tax purposes,
Will pay good bonus for fast help!! 1. For federal tax purposes, the gain from the sale of stocks and bonds is classified as: active income. portfolio income. passive income. None of the above 2. Whic… read more
geedubya55
geedubya55
Owner
Bachelor
187 satisfied customers
For Geedubya55: Will pay a handsome bonus for the helP! 1.
For Geedubya55: Will pay a handsome bonus for the helP! 1. Art Aubrey owns and operates an apartment building. During 2011, he received the following: * Payment on 6/1/11 for 12 months of advance rent… read more
geedubya55
geedubya55
Owner
Bachelor
187 satisfied customers
Your clients, Richard and Denisa, who are married and have
Your clients, Richard and Denisa, who are married and have two dependent children, have the following income and losses during 2011: Total salaries $150,000 Bank account interest 25,000 Short-term cap… read more
geedubya55
geedubya55
Owner
Bachelor
187 satisfied customers
WILL PAY BONUS!!! 1. For the current month, Jackson Cement
WILL PAY BONUS!!! 1. For the current month, Jackson Cement Co. incurred payroll expenses as follows: Gross Salaries: 675,000 Payroll taxes: OASDI employer share - 41,850 HI employer share - 9,788 Tota… read more
geedubya55
geedubya55
Owner
Bachelor
187 satisfied customers
For NEO Sherrod, Inc., reported pretax accounting income of
For NEO Sherrod, Inc., reported pretax accounting income of $76 million for 2011. The following information relates to differences between pretax accounting income and taxable income: a. Income from i… read more
Neo
Neo
13,678 satisfied customers
For NEO Case Development began operations in December 2011.
For NEO Case Development began operations in December 2011. When property is sold on an installment basis, Case recognizes installment income for financial reporting purposes in the year of the sale. … read more
Neo
Neo
13,678 satisfied customers
Sherrod, Inc., reported pretax accounting income of $76 million
Sherrod, Inc., reported pretax accounting income of $76 million for 2011. The following information relates to differences between pretax accounting income and taxable income: 1.Income from installmen… read more
Neo
Neo
13,678 satisfied customers
1. Julio, age 50, is a U.S. citizen who has a 28% marginal
1. Julio, age 50, is a U.S. citizen who has a 28% marginal tax rate. He has operated the A&B Automotive Parts Company for a number of years as a C corporation. Last year, A&B reported $200,000 of pre-… read more
Expert
Expert
379 satisfied customers
For geedubya55 Question 3-50 Adjusted Gross Income. Amir,
For geedubya55 Question:3-50 Adjusted Gross Income. Amir, who is single, retired from his job this year. He received a salary of $25,000 for the portion of the year that he worked, tax-exempt interest… read more
geedubya55
geedubya55
Owner
Bachelor
187 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.

JustinKernersville, NC

Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around.

EstherWoodstock, NY

Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know.

RobinElkton, Maryland

He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here.

DianeDallas, TX

< Previous | Next >

Meet the Experts:

linda_us

linda_us

Master's Degree

852 satisfied customers

A tutor for Business, Finance, Accounts and other related topics.

F. Naz

F. Naz

Bachelor's Degree

609 satisfied customers

Have completed B.COM and CA Finalist

379 satisfied customers

dasdasd

Bizhelp

Bizhelp

Accountant

260 satisfied customers

BA degree and Certified Public Accountant

Mr. Gregory White

Mr. Gregory White

Master's Degree

215 satisfied customers

M.A., M.S. Education / Educational Administration

Brittany

Brittany

Professional

30 satisfied customers

AA/Accounting BS/Business

SusanAthena

SusanAthena

Master's Degree

13 satisfied customers

12 years experience consulting & management

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x