In 2014, NB Inc.s federal income tax was $242,000. Compute the required installment payments of 2015 tax
Question:
a. NB’s 2015 taxable income is $593,000.
b. NB’s 2015 taxable income is $950,000.
c. NB’s 2015 taxable income is $1,400,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
a To avoid an underpayment penalty NBs required installment payment...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Principles Of Taxation For Business And Investment Planning 2016 Edition
ISBN: 9781259549250
19th Edition
Authors: Sally Jones, Shelley Rhoades Catanach
Question Posted:
Students also viewed these Business Law questions
-
Martin S. Albert (Social Security number 111-11-1111) is 39 years old and is married to Michele R. Albert (Social Security number 123-45-6789). The Alberts live at 512 Ferry Road, Newport News, VA...
-
Larry Walsh is general manager of Stoneybrook salons. During 2014, Walsh worked for the company all year at a $10,600 monthly salary. He also earned a year-end bonus equal to 20% fo his annual...
-
Martin S. Albert (Social Security number 111-11-1111) is 39 years old and is married to Michele R. Albert (Social Security number 123-45-6789). The Alberts live at 512 Ferry Road, Newport News, VA...
-
Adam and Mandeep are in a partnership in retailing computer accessories. The partnership records, exclusive of GST, for this income year, disclose: Receipts ($): 530,000 Payments ($): 175,000 70,000...
-
A ditch 2.5 m wide crosses a trail bike path (Fig 3.36). An upward incline of 15o has been built on the approach so that the top of the incline is level with the top of the ditch. What is the minimum...
-
Bruno Company has decided to expand its operations. The bookkeeper recently completed the balance sheet presented on the next page in order to obtain additional funds for expansion....
-
The existence of a budget deficit or a budget surplus tells us very little about the stance of fiscal policy. Explain and discuss.
-
Harry Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $395,000, has an expected useful life of 10 years, a salvage value of zero, and is...
-
5. The following shows a 200 series of isoquants for a firm 190 with the production function 180 170 Q-KL, where K is the 160 amount of capital, L is the 150 amount of labor and Q is the 140 130...
-
Sam and Susan Scully have come to financial planner Lissa Cardenas to ask about the adequacy of their life insurance coverage. They have two children ages 4 and 2. They are each 35 years old. Sam...
-
Hall Corporation was formed in 2011 and was exempt from AMT for that year. For 2012 through 2014, its regular tax and tentative minimum tax were as follows: a. Compute Halls tax for 2012, 2013, and...
-
James, who is in the 35 percent marginal tax bracket, owns 100 percent of the stock of JJ Inc. This year, JJ generates $500,000 taxable income and pays a $100,000 dividend to James. Compute his tax...
-
At a merging on-ramp of a busy Los Angeles freeway, car A is moving directly east on the freeway at a steady speed of 35.0 m/s. Car B is merging onto the freeway from the on-ramp, which points north...
-
Clarify Sam Harris's proposal, including his claim and supporting aguements about values and facts and if you agree or disagree and why?.
-
what effect do you think Lisa's attitude toward the recent changes in the practices had on how she handled having to assist Dr. Janklowicz?
-
How do you relate your previous academic training to the information and knowledge professions? Discuss any practical experience you might have prior to joining the program.
-
1. What type of concerns do trade unions have about MNE's? Do you think these concerns may impact TU actions? Why or why not?
-
Why do entries in a local Address Resolution Protocol (ARP) table expire after a short amount of time? A. It will use too much memory. B. To keep space in the table. C. To account for network...
-
For each numbered statement that is not a premise in each of the formal proofs that follow, state the rule of inference that justifies it. 1. A B 2. B C 3. C A 4. A ~ C ~ A ~ C 5. A C 6. (A ...
-
If your school has a subscription to the FASB Codification, go to aaahq.org/ ascLogin.cfm to log in and prepare responses to the following. (a) What is the stock dividend? (b) What is a stock split?...
-
Which subpart and section of Circular 230 discusses each of the following topics? a. Solicitation b. Negotiation of a taxpayers refund checks c. Depositions d. Authority to disbar or suspend from...
-
Which subpart and section of Circular 230 discusses each the following topics? a. Conflicting interests b. Disreputable conduct c. Assistance from disbarred or suspended persons d. Representing...
-
Which subpart and section of Circular 230 discusses each of the following topics? a. Practice of law b. Information to be furnished c. Fees d. Who may practice before the IRS?
-
If the future value of an ordinary, 7-year annuity is $9,000 and interest rates are 9.0 percent, what's the future value of the same annuity due? (Round your answer to 2 decimal places.)
-
You are responsible for maintaining a mutant strain of E. coll. You observe that its doubling time is twice as long as wild type. You check incubator temperature, nutrient broth components, and pH....
-
2) Family Fun reported credit sales of $800,000, cash collections of $550,000 and bad debt expense of $15,000 for last year. Accounts receivable had a balance of $1,000,000 at the beginning of the...
Study smarter with the SolutionInn App