business entity for any individual(s) will depend on their particular facts and circumstances. You are a valued colleague and friend of this threesome‚ and they have come to you seeking advice as to how to structure their new business. They have the knowledge to figure it out themselves but are looking for the advice of an unbiased third party. Please consider the following tax and nontax considerations as you recommend an entity choice to Penelope‚ Mark‚ and John. Part I: Discuss the various forms
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of federal tax income? The 25‚000 is treated as an income and at the same time as a business expense. The $25‚000 should be included in John’s income since he received it‚ while he still can claim this amount as a business expense‚ so he will be taxed on this amount. 1 Issue (c): What is your determination regarding reducing the taxable amount of income for both (a) and (b) above? In order for John to reduce the taxable amount of his income of $300‚000‚ he must maximize his deductions
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You Are What You Wear Research Paper Sarah Griffin B6 Our assignment was to dress up a day and to dress down a day. I participated in the activity. I dressed up on Friday the 14th‚ and dressed down the following day (Saturday the 15th). We’ll start with the day I dressed up. I liked it because I felt good and was‚ for the most part‚ sure about my appearance. People told me I looked nice and that made me confident. I also disliked it because I hardly ever do that‚ so I felt superficial
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problems‚ while others may simply choose not to eat certain food products based on their moral or religious beliefs. Whichever way you look at it‚ whether you’re a health fanatic/fitness buff‚ someone struggling with the seemingly ongoing epidemic of obesity‚ or just a guy who likes to eat food – food is everywhere‚ and it fuels our minds‚ bodies‚ and souls. Many people believe that the key to a happy and fulfilling life is their overall health and well-being. From this stems a habitual need to provide
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2. Every person has a creative side‚ and it can be expressed in many ways: problem solving‚ original and innovative thinking‚ and artistically‚ to name a few. Describe how you express your creative side. Creativity to me is when someone has the skills to make something beautiful or make nice stories. If you can turn something that is ugly and turn it around completely‚ then you are a creative person. I do have a creative skill because i learned how to use scratch and turn it around. With skill
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What are assumptions? How do you think assumptions might interfere with critical thinking? What might you do to avoid making assumptions in your thinking? * An assumption is something we take for granted. We assume our beliefs to be true and use them to interpret the world about us. We humans naturally and regularly use our beliefs as assumptions and make inferences based on those assumptions. We must do so to make sense of where we are‚ what we are about‚ and what is happening. Assumptions
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How do you spend your free time? There are many different things which you can do in your free time. Personally I don’t have much free time. I am preparing to my mature exams. However‚ there always happen some free moments on the weekends. I don’t do any especially exciting things then. Sometimes I simply lie on the sofa and watch TV. I like series movies‚ like "Friends". I must admit that I also watch soap operas to entertain. In my mind you cannot learn anything watching TV so I generally choose
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Essay Meeting You My heart stopped as time froze around me‚ so many thoughts running through my mind it felt as though I was dizzy. I sat there on the couch silent‚ my head in my knees‚ thinking how am I going to do this. I was struggling to regain my composure. After three boxes which makes nine tests‚ nine positives that cannot be an error. How will I tell my family? How will I tell my boyfriend of four years? I chuckle to myself‚ who am I kidding he’ll run the first chance he gets. This is it. There
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Faculty Position & Deputy Librarian This application comprises : Part A : Personal/academic profile Part B : API score indicators/self-assessments for Categories I‚ II and III Part C : Supporting data for API score self-assessments given in Part B Part D : Guidelines for filling up Part B This application comprises : Part A : Personal/academic profile Part B : API score indicators/self-assessments for Categories I‚ II and III Part C : Supporting data for API score self-assessments
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Good morning adjudicator‚ chairman and year 8. As you know‚ our topic today is if you’re child got a Hogwarts letter‚ would you allow them to go? We‚ as the negative team‚ say no to this‚ you shouldn’t allow your child to attend Hogwarts. Before I go on with my arguments today‚ I’d like to point out a few flaws from the opposing team. Now onto the negative sides points. Our first speaker Claudia has already stated that Hogwarts is a school in which provides incompetent education. She also stated
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