Memo To: John and Jane Smith From: Your Name‚ CPA Date: February 2‚ 2013 Subject: Explanation of business and personal tax benefits and liabilities. 1(a). As a result of a recent court settlement for a client John earned $300‚000 for his law practice LLC. He wants to minimize his tax liability and understand how the IRS will treat this money earned. He lease’s office space for $3‚500 per month. He wants to know the advantages in leasing office space versus purchasing the building. John has
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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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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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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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You Decide Template Name: Date: 11/6/2013 Scenario Summary: Your Role/Assignment: Your role is to decide if Karen is an independent contractor or an employee and discuss some of the preventative and ethical situations that are occurring in this case. Questions: 1. Do you feel that Karen is an independent contractor or an employee? What is your rationale for this decision? The question is complicated and different courts‚ states and agencies have differing views on the matter
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BUSN 258 Week 2 You Decide The biggest critical issue that we are dealing with is lack of communication and everyone is out to blame the other instead of working as a team. Bob (the sales manager) is blaming the mistake on the customer. The operations manager is also blaming the customer on not sending in all the information that was needed. The CFO is blaming sales and operations. The customer service representative‚ Monica‚ is blaming the customer for not getting the information in on time
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HSM 541: Week 2 – You Decide Krystal Richards Professor Alan Flower Middlefield Hospital has been a great healthcare facility to the Middlefield area. Middlefield Hospital consists of a 450-bed tertiary facility in a major urban area in the Northeast. The hospital is an integrated health system that provides the full array of inpatient and outpatient services. The hospital enjoys a reputation of quality care in the area. In recent years‚ there are areas of concern that need to be addressed
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I have been asked by Cooper-Pearson to research different medical insurance plans that they could consider as one of their selected insurance programs for their marketing company. My goal is to provide them with enough details in order for the company to make an informed decision as to which program they would like to consider. This information will allow them to provide their employees with an effective compensation package that is both affordable and desirable and I believe that once an attractive
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Health Rights/Responsibility 03/15/2014 Week 2 You Decide Assignment Identification After going through the case of Margie Whitson‚ the dilemma is the fact that Margie is looking to have her pacemaker removed which will in turn would end her life. So far‚ Margie Whitson has had a rough year and has come to the decision that she wants her pacemaker deactivated because she believes it is delaying her death. Her pacemaker is the only thing keeping her heart beating at this point. But even at
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You Decide-Back to the Drawing Board Student Name HSM 543 February 16‚ 2014 As the CFO of Community Memorial Hospital‚ I have a major problem on my hands that could lead the hospital in a financial bid. Bill Jacobs‚ the Human Resource Director of Commercial Intertech (CI) which is the largest employer in the community‚ has signed a contract MegaPlan Health. MegaPlan is a known insurance company that gives hospitals a very hard time especially when it comes to discounts and fighting claims
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