and as such the gross income will be taxable (Code §1.61-3(a)) (Tax Almanac‚ 2005). This $300‚000 taxable income will pass through to his personal taxes and is subject to self employment tax since he has an LLC. He will get a deduction from gross income for half of the self employment tax liability on the self employment tax. John currently has a lease payment that provides him a deduction of $42‚000 per year or $3‚500*12 (26 USC § 162 (a) 3) (Law Cornell‚ 2012). He is allowed this deduction since
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You Decide Britni Goodman DeVry University SOCS 350: Cultural Diversity in the Professions Fall B‚ 2012 Choosing a Sales Manager After reviewing all four candidates I narrowed it down to two. Being a human resource manager I have guidelines to follow on who would be the best option for the sales manager position. I need someone who is articulate‚ sophisticated‚ and knowledgeable about fiber optics. The position calls for traveling Monday through Friday and spending time after 5:00 with
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You Decide - Case Study HMO which stands for Health Maintenance Organizations are licensed health plans that place providers‚ as well as the health plans‚ with dealing with HMO’s there is a risk of medical expenses. The downfall with HMO is that patients must stay inside their network and if the go outside the network they will have to pay out of pocket expenses. HMO is very limited; many patients don’t like limitations when it comes to their decision about their health. PPO which stands for Preferred
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The jewelry store sued Software Inc. for the value of the ring The jewelry store cannot recover from Software. Respondeat Superior is A legal doctrine‚ most commonly used in tort‚ that holds an employer or principal legally responsible for the wrongful acts of an employee or agent‚ if such acts occur within the scope of the employment or agency. Here C went to the mall to buy a present for his wife‚ not on the business of Soft. Will Software Inc. be liable to the owners of Jimmy’s Bar? What
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sole proprietorship is a small business that is own by one individual who is responsible for running the business. The owner owned all profits and assets but is also responsible for all liabilities and debts. The advantage of a sole proprietorship is you are at complete control of the business and all decisions are at your own will. As for tax wise‚ it is cheaper too (tax savings) and all profits from the business goes directly to your own personal tax return. The disadvantages of a sole proprietorship
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The Disagreement: Lenora and Joshua When you are in a relationship‚ arguments or disagreements can arise. They can often trigger strong emotions that lead to hurtful words and uneasiness. If these conflicts are not resolved in a healthy way‚ resentment and a dissolved relationship could follow. However‚ when they are resolved in a proper manner‚ it could promote growth between the couple and fortify the bonds of their relationship (Conflict Resolution Skills). In the case between Lenora and
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MIS589 – Wk2 You Decide After conducting interviews with the key stakeholders at the Leonard Cooper Charter School‚ we have identified several issues with the current network that need to be addressed. According to Network Technician‚ Helen Ross printing is a problematic area. The school currently has over 50 networked printers in the building and they would like a way to consolidate the management of print jobs due to the queues of the printers often being filled. Recommendation: Install a
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Why is epidemiology important in the study of health and disease in communities? Provide an example from current literature or a news article noting an epidemiologic study. Epidemiology is a health activity that is aimed at protecting and improving the health of a population or community. Epidemiological gather information for studies that can help community decision makers utilize community‚ local‚ state‚ and national level resources to prevent‚ control disease outbreaks‚ and analyze prevention
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Chapter 5‚ Problems/Exercises 1. One of the potential problems mentioned in this chapter with gathering information requirements by observing potential system users is that people may change their behavior when observed. What could you do to overcome this potentially confounding factor in accurately determining information requirements? There is no doubt that an employee may change their attitude or work behavior when they are being observed. One thing that I would do is keep observing the employee
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MGMT 410 Week 2 Make Up This assignment is part of the mid-term review. The questions presented in this assignment will be asked on the mid-term. 1. If all organizations would hire based solely on the ability to do the job‚ there would be no need for equal employment opportunity laws. Do you agree or disagree? Defend your position. I disagree I believe we will always need equal employment laws‚ because when we hire based solely on the ability to do the job‚ then that there
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