"What do you want to be when you grow up?" It is such a typical question‚ yet it compels children to venture into their innocent minds and let them imagine the world full of possibilities and encouragements. Their responses vary‚ ranging from superheroes to the President of the United States. But how would the little ones react when they were told‚ "You are not talented or smart enough. Try again." Their dreams would be shattered into millions of pieces and their hopes would be lost forever. Plummeting
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around the surrounding areas. Unfortunately the business did not generate the expected profits therefore we are in the process of dissolving the business. How will we split the $15‚000 left in the investment? Well developing a contracted agreement‚ there was no agreement set forward in which an exit strategy needed to be planned. Which we failed to do so‚ and should have been planned a head of time. As far capital distribution goes‚ at the beginning of the partnership‚ we put $25000 and the chefs put
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Memo To: John and Jane Smith From: Jaleesa Branch Date: 10/6/14 Re: Memo summarizing various tax issues 1. John Smith’s Tax Issues Issue (a): How is the $300‚000 treated for purposes of federal tax income? The $300‚000 is treated as business income. After deducting all of the business expenses‚ the remaining amount will be the taxable income. Lawyers either work on a salary in a big law firm‚ or work directly with clients and collect the fees from these clients. If it
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alone. The same pros and cons apply to her idea. Patricia Lopez’s concern brings up the market strategy. Who do we want to market this product to? If we market to the frugal consumers then we only target a select few in the country. Same thing if we target to the eco-savvy customer. So the main concern with us is that we want to: • Maximize exposure to the new tech • Maximize profit • Do not abandon settled market • Grab hold of a new market • Make it easy for the consumer to own car My Suggestion:
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necessary if we are to see any kind of improvement. We may not want to hear the negative feedback but that is precisely what helps us improve the most. We need to look at customer feedback simply as a coaching tool for the company to do its job better or tips on how to improve. These complaints are a valuable resource for getting input from the point of contact however if we are not recording them or taking them seriously we are missing opportunities. Going forward we will start apply metric-conscious
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When teachers asked that what it is you want to be when you grow up‚ most children do not respond with "a career in financial services". Like most children‚ I responded with reference to jobs that seemed fun at the time. My first choice was a typewriter and translator‚ second naturally a pianist‚ but the third and most important choice was a computer engineer because I like computer‚ typing‚ translating a work and playing piano. If I were a computer engineer‚ I will
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available as to how they can structure the new business. The appropriate 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
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Facts Carol Fern has been employed by Bainbridge Borough for 18 years as a tax clerk. The tax clerk position is part of the bargaining unit represented by Local 10 of the American Federation of State‚ County‚ and Municipal Employees (AFSCME). When Carol and her husband found out that she was unable to conceive‚ they decided to adopt a child. Let’s start off by analyzing one of the hottest topics in the United States today. Healthcare reform has become a topic with many different prospective
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self-inflicted steroid use during his early 20’s‚ the dangers associated with that use were not fully known. Since then‚ he has changed his life style and has a family that depends on him. With this transplant‚ he can live another 10 -15 years and I do not see any ill effects of him receiving this new heart and the fact that he is currently here awaiting this procedure‚ he can be prepped and ready to go by the time the heart arrives at the hospital making him the perfect choice. Lisa would be my
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John Smith ’s tax issues: Issue a) How is the $300‚000 treated for purposes of federal tax income? John Smith’s earned income of $300‚000 will reported as gross income either on Schedule c of the individual return or as gross income on the LLC return. As a result of the variance in the state laws as to whether or not a single person LLC can report on a business return is the reasons why it could be either reported on the Schedule C or LLC. Some states that do not allow the separate reporting see
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