What is an earned income credit?
Question:
What is an earned income credit?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (6 reviews)
The earned income credit EIC is a special credit for lo...View the full answer
Answered By
Nnamdi Azike
My first stint at Tutoring was in 2006-2007 whilst I was serving my country as a National Youth Corps member in the core North of Nigeria. Having with a BSc in Economics in 2005, I was naturally assigned Economics as my core subject. I sometimes taught maths and English to secondary (High) school students. The total number of students under my care was in excess of 500.
To make additional income during that period, I took on Private Practice which entailed tutoring mid and high school students on various other subjects.
After my MBA in 2010, I started to gravitate into consulting. I did Insurance and Risk Management for 4 and a half years, before moving into Human Resources and Management consulting. I started speaking to Radio Audiences once every Thursday on various business topics. In 2017 I became certified by the United Nations Industrial Development Organisation (UNIDO) as a Trainer after a Train-of-Trainers exercise. The initiative was sponsored by Hewlett Packard and branded the UNIDO/HPLIFE Initiative. Thereafter, I started training business owners at paid trainings.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Is the earned income credit a form of negative income tax? Why or why not?
-
What is the difference between earned income and unearned income?
-
What are the basic rules from claiming the earned income credit based off of 2019 tax year? (e.g. Who qualifies? What affect does filing status have on the credit? How much is refundable?
-
Simplify each expression in Problems 722. Classify each answer by number of terms and degree. 3(x5) 2(x + 8)
-
The following MINITAB output presents a 95% confidence interval for the difference between two mean a. Is this a left-tailed test, a right-tailed test, or a two-tailed test? b. How many degrees of...
-
Explain the concepts of team cohesiveness and team norms and their relationship to team performance.
-
List the things that should not be done in a fraud investigation.
-
The current sections of Nasreen Inc.s balance sheets at December 31, 2013 and 2014, are presented here. Nasreens net income for 2014 was $153,000. Depreciation expense was $24,000. Instructions...
-
Crane Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates...
-
The bond indenture for the 10-year, 9% debenture bonds issued January 2, 2013, required working capital of $100,000, a current ratio of 1.5, and a quick ratio of 1.0 at the end of each calendar year...
-
What is a Section 529 Savings Plan? What is the advantage of this plan?
-
What is a Coverdell Savings Account? List some expenses that can be paid with Coverdell funds.
-
Duif Company's absorption costing income statements for the last two years are presented below: __________________________________________Year 1 ______________Year 2 Sales...
-
The military and law enforcement contingents can overlap somewhat. However, these entities are trained differently. Law enforcement officers are trained tactically at a smaller scale and spend a...
-
What challenges arise in promoting cultural sensitivity within digital environments, such as social media platforms, and what guidelines can be established to prevent cultural insensitivity and...
-
In the following exercises, given L, or R, as indicated, express their limits as n as definite integrals, identifying the correct intervals. i-1 64. L == Ln 7=1 65. R => 66. In-2(14247)
-
In Summer of 2020 Alvaro had a backyard pool installed by Bob the builder for $20,000. Alvaro had little money, so Bob agreed to take an assignment of the debt owed to Alvaro by Dodgy Brothers...
-
QUESTION 2 Maddie is an investigative journalist based in Brisbane and the administrator of her own Facebook page, 'Veritas'. On 1st November 2021, she received financial information from a...
-
The data below are selected accounts from the adjusted trial balance of Dan's Sports Equipment on September 30, 20x7, the fiscal year end. The company's beginning merchandise inventory was $81,222...
-
Refer to the data in QS 10-1. Based on financial considerations alone, should Helix accept this order at the special price? Explain.
-
Assume that the 30-day forward premium of the euro is -1 percent, while the 90-day forward premium of the euro is 2 percent. Explain the likely interest rate conditions that would cause these...
-
Describe a method for testing whether interest rate parity exists. Why are transaction costs, currency restrictions, and differential tax laws important when evaluating whether covered interest...
-
Before the Asian crisis began, Asian central banks were maintaining a somewhat stable value for their respective currencies. Nevertheless, the forward rate of Southeast Asian currencies exhibited a...
-
Chapter 6 6. Complete the table by marking an X in the box that indicates that the control applies to the statement at the left in Table 2 or select "blank" if the control does not apply to the...
-
a. Is luu u always true or not always true? Explain the answer. OA. This is not true when components of the vector are negative. O B. 2 This is always true because lulu +42 + OC. This is not true for...
-
For the following graph of the shaded region that is bounded by y = x, x+y=6 and the x-axis: 5 3 2 Set up the integrals to calculate the area of the shaded region using dx and using dy. DO NOT...
Study smarter with the SolutionInn App