answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Veseljchak [2.6K]
2 years ago
15

The Smith family adopted a child. The adoption procedure took about three months, and the family incurred various expenses. Will

the Smiths receive any financial benefit for the taxable year?
Business
2 answers:
Zolol [24]2 years ago
8 0
Yes, the Smith family receive financial benefit for the taxable year. Adopting a child allows the family to ask for refund spent for adoption tax credits. This is application if the child is not over eighteen and is not a stepchild of your wife or husband.
Zina [86]2 years ago
3 0

Yes, the Smith family will receive financial benefits for the taxable year. When you adopt a child, there are parts of the adoption process that are tax write offs for the family. Depending on the money spent, the different fee's paid and what all went into the adoption certain parts will be a tax credit they can apply and use as a deduction. Most of the time the expenses have to be at or over a percentage of your income.

You might be interested in
Poorer developing countries which often produce and export primary commodities tend to face unfair _____________________ in rela
zysi [14]

Answer:

Exchange value

Explanation:

Poorer countries are sometimes unfairly treated by the rich countries because the price they offer or the exchange value of primary goods compared to capital goods is usually unfair. The rich countries are capital incentive and they take advantage of it by unfairly treating poorer countries. The exchange value or economic value of primary commodities supplied by poorer countries is usually low and unfair.

5 0
2 years ago
Use the information presented in Southwestern Mutual Bank's balance sheet to answer the following questions.
nikitadnepr [17]

Answer:

a. Its intended goal is to protect the interests of those who hold equity in the bank

Explanation:

Base on the scenario been described in the question, Its intended goal is to protect the interests of those who hold equity in the bank

Capital requirements are designed to ensure that banks will have sufficient capital to repay the depositors and debtors. A bank's "capital" is the difference between the total value of the bank's assets and its total deposits plus debt. That is, the bank's capital is the money that would be left over if the bank were able to liquidate all of its assets to pay off all of its depositors and debtors.

8 0
1 year ago
Each service starts on a different date because the services depend on each other. Enter the starting dates for the remaining se
gladu [14]

Answer:

a. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding +4;365 days.

b. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding -3;365 days.

c. In the formula bar type =365 days; +2 : E6

d. In the formula bar type =365 days ; +2 : C6

Explanation:

Excel is a software which helps the users to easily calculate complex calculation with just one function input. The users can create worksheets using the excel and then link those worksheets with each other. The data can be displayed in the form of table or simple text. It has multiple options to create annual day wise filtered worksheets.

7 0
1 year ago
Godina Products, Inc., has a Receiver Division that manufactures and sells a number of products, including a standard receiver t
oee [108]

Answer:

No, there would be no existence of a transfer price that would make both the Receiver and Industrial Products Division financially better off than if the Industrial Products Division were to continue buying its receivers from the outside supplier

Explanation:

Assuming that the receiver division is selling all of the receivers it can produce to outside customers, there will be no existence of a transfer price that would make both the receiver and industrial products division financially better off than if the industrial products division were to continue buying its receivers from the outside supplier.

Reason being that the minimum transfer price that the selling division should be willing to accept surpasses the maximum transfer price that the buying division should be willing to accept.

4 0
2 years ago
The IMC channel that has received the greatest increase in aggregate spending recently is ________, or marketing that communicat
wariber [46]

The IMC channel that has received the greatest increase in aggregate spending recently is direct marketing  or marketing that communicates directly with target customers to gener­ate a response or transaction.

<u>Explanation: </u>

Direct Marketing is a promotional strategy based on the distribution to potential customers of a marketing strategy.  

The Systems of distribution used include mail, online and texting. Direct marketing is named because it removes intermediaries, like publicity media, in particular.

Direct marketing focuses instead of media advertising on delivery to individual consumers.   In much direct marketing, the call to action is a common factor.   It is easier to quantify than media advertising that direct marketing is successful.

In a number of direct marketing, the call for action is a special element. You are instructed to respond immediately to the request through a free telephone number, a reply card or a reference in the email advertisement. The recipient must also access the letter. A positive measure of a future purchase is any reply. Personal advertising is often linked to as ads for direct responses.

4 0
2 years ago
Other questions:
  • Emergency room health care tends to have a demand curve that is very steeply sloped, while elective surgery does not. Why? Also,
    15·1 answer
  • An item not normally included in ansi recommendations but recommended by other groups is
    14·2 answers
  • ​Matthew's Fish Fry has a monthly target operating income of​ $6,600. Variable expenses are​ 80% of sales and monthly fixed expe
    13·1 answer
  • Last year Rennie Industries had sales of $270,000, assets of $175,000 (which equals total invested capital), a profit margin of
    15·1 answer
  • On January 1, 2017, Brooke Hanson Corporation had inventory of $50,000. At December 31, 2017, Brooke Hanson had the following ac
    5·1 answer
  • Historians remind us that standardization of components -- of interchangeable parts -- was an innovation that did not occur unti
    10·1 answer
  • Ben Anderson, the head of product development and product management at Recycline, says that at Recycline, "if you're interested
    5·1 answer
  • Copperhead Trust has the following classes of​ stock: LOADING...​(Click the icon to view the​ data.) Read the requirementsLOADIN
    13·1 answer
  • Sonny's BBQ Company recently issued $85 par value preferred stock that pays an annual dividend of $9. Analysts estimate that the
    10·1 answer
  • Suppose there is one ticket left for tonight’s performance of Hamilton on Broadway. The ticket costs $700. Sean is a community c
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!