The Tally Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest changes of $50,000, (2) dividends received of $15,000 (3) dividends paid of $25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company’s marginal and average tax rates on taxable income?
If you have 5 children, what should your households income be per year?
I have been on SSA the past 7 years and have not filed income taxes. I am a full-time student. Last year, I did work some to supplement my income but it was under $9,000 for the full year, do i need to file income taxes? I claimed exempt all year so did not pay in anything.
The Tally Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest changes of $50,000, (2) dividends received of $15,000 (3) dividends paid of $25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company’s marginal and average tax rates on taxable income?
The Tally Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest changes of $50,000, (2) dividends received of $15,000 (3) dividends paid of $25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company’s marginal and average tax rates on taxable income?
hey guys
I have a question about net income and gross profit.
How gross income and net income are likely to be affected when a company add a new line beside their traditional line?
thanks
I am wanting to know how the distribution of wealth can be distinguished from the distribution of income? In addition, what is the key determining factor in these two ideas?
I have an adjusting journal entry that says Income Tax Expense is .32 with no extraordinary or unusual items to consider in this calculation. What is this a percentage of? What is the calculation?
I have the entry as a debt to Income Tax Expense and a Credit to Income Tax Payable.
I’m doing research on Peterborough, Ontario and families affordability when it comes to computers. (But this can be looked at from an North American family POV) As the age of technology is advancing, some technology is become cheaper. What the bottom line is, I would like to know what class of family can afford computers. Where is the affordability line drawn? Which of the following options below would you say is the minimum for the ability for a family to afford the cost of a computer? (I know some figure below are obvious that those types of families can afford a computer, but I want to know WHERE does the get drawn?) What is the exact, absolute minimum income of a family to be able to afford a computer.
I suppose that this question could be asked on any global scale, but at least in North America. What do you think personally? What do you know through a research? (if you do find a helpful site for me, please post it!)
Persons with income under $5,000
Persons with income of $5,000 and over
Persons with income of $10,000 and over
Persons with income of $15,000 and over
Persons with income of $20,000 and over
Persons with income of $25,000 and over
Persons with income of $35,000 and over
Persons with income of $50,000 and over
Persons with income of $75,000 and over
Persons with income of $100,000 and over
Persons with income of $150,000 and over
Persons with income of $200,000 and over
Persons with income of $250,000 and over
Thanks in advance to all who’ll state their input.
What is the difference between an income tax and a payroll tax?
A. Income taxes reduce the demand for harmful goods while payroll taxes don’t affect this demand.
B. Income taxes are collected based on income while payroll taxes are collected based on wealth.
C. Income taxes are used for a wide variety of government activities while payroll taxes pay for specific programs.
D. Income taxes increase the purchasing power of the government while payroll taxes increase the purchasing power of workers.