If they co sign, their income and credit is used. they are also responsible for the loan.
Rent and Royalty are added in national income under income method.
For the employee - it will be added to his/her net income For the employer - it will be subtracted from their net income
When you added another W2, your refund may have decreased because the additional income from the second job pushed you into a higher tax bracket, resulting in more taxes owed and a smaller refund.
Your federal refund decreased when you added another W2 because having multiple W2s can increase your total income, which may push you into a higher tax bracket and reduce the amount of refund you receive.
Your tax return decreased when you added another W2 because having multiple jobs can increase your total income, which may push you into a higher tax bracket and result in a higher tax liability.
proposed alternatives to the income tax include the value-added tax and national sales taxes, two taxes for which the tax base would be consumption rather than income. Another alternative is the flat tax
Somebody please correct me if I am wrong, but issuing capital stock increases total assets. If one considers total assets when calculating net income, any capital stock or additional paid in capital must be deducted from total assets in order to find net income. Issuance of stock does not contribute to income from operations; it is a financing activity that contributes to total equity. Also, if there are dividend payments for the year, these outflows must be added to assets before arriving at net income.
Export benefit needs to be added in the net income
45
Dividend declared and paid is shown under cash flows from financing activities in cash flow statment as it is not primary operating activity of business.
yup it is as it is an income so we add it in the gross profit....
Is VA Disability income exempt from bankruptcy income claim?