Helen receives a $200,000 lump sum life insurance payment when her friend Alice dies. How much of
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
None of the payment is taxa...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
Question Posted:
Students also viewed these Accounting questions
-
1. Helen receives the $200 lump sum life insurance payment with her friend Alice dies. How much of the payment is taxable to Helen? 2. Quinn is a tax accountant who works very hard for a large...
-
The Whitewater LLP is equally owned by three partners and has the following balance sheet at the end of the current tax year: Partner Petula is an active (i.e., general) partner retiring from the...
-
Ira Munro owns a life insurance policy that will pay $750,000 to his granddaughter Ginnie upon Ira's death. To date, Ira has paid $69,200 total premiums on the policy, which has a current cash...
-
Maicom Construction Materials Inc. , hereinafter referred to as "MCM", is a construction materials company established in Moncton, New Brunswick. Its facilities (warehouse, store and offices) are...
-
For a dipole oriented along the x axis, the electric field falls off as 1/x3 in the x direction and 1/y3 in the y direction. Use dimensional analysis to prove that, in any direction, the field far...
-
Does Venezuela have a democratic or totalitarian political system?
-
Discuss the historical role of HR benchmarking and its strengths and weaknesses as part of a metrics and analytics program in organizations today.
-
If Wild Widgets, Inc., were an all-equity company, it would have a beta of .85. The company has a target debtequity ratio of .40. The expected return on the market portfolio is 11 percent, and...
-
Using the typical floor plan on next page as a base, propose a trunk & branches overhead layout of the ducts serving the typical floor's via mixing mechanical ventilation. 1) Identify different...
-
On January 1, 2020, Innovus, Inc., acquired 100 percent of the common stock of ChipTech Company for $670,000 in cash and other fair-value consideration. ChipTechs fair value was allocated among its...
-
David is certified by his doctor as terminally ill with liver disease. His doctor certifies that he cannot reasonably be expected to live for more than a year. He sells his life insurance policy to...
-
In June of 2016, Kevin inherits stock worth $125,000. During the year, he collects $6,500 in dividends from the stock. How much of these amounts, if any, should Kevin include in his gross income for...
-
Use the rules for derivatives to find the derivative of each function defined as follows. r(x) = -8x 2x + 1
-
Describe the procedures you would develop to liaise with educators, learners, and others to monitor learning and development strategies and relevant resources.
-
At UPS, what performance measures receive the greatest focus/attention. How valuable and effective are these measures for guiding and directing the business? Would you recommend any change relative...
-
How could you analyze and align organizational learning strategy with HR (human resources) requirements?
-
What attributes and characteristics distinguish an effective manager, encompassing a spectrum of competencies, leadership styles, and strategic acumen essential for navigating the complexities of...
-
What are examples of forensic document examination comparisons?
-
a. Information gathering: Prepare a list of questions that the auditors would ask MSI managers regarding how the impairment loss was determined. b. Analysis and evaluation: Comment on the level of...
-
Consider the setup in Problem 16. Show that the relative speed of the ball and the point of contact on the stick is the same before and immediately after the collision. (This result is analogous to...
-
Janie graduates from high school in 2019 and enrolls in college in the fall. Her parents pay $4,000 for her tuition and fees. a. Assuming Janies parents have AGI of $170,000, what is the American...
-
Carl and Jenny adopt a Korean orphan. The adoption takes 2 years and two trips to Korea and is finalized in 2019. They pay $7,000 in 2018 and $7,500 in 2019 for qualified adoption expenses. In 2019,...
-
Mike bought a solar electric pump to heat his pool at a cost of $2,500 in 2019. What is Mikes credit?
-
How do norms intersect with systems of power and privilege, and how do dominant groups reinforce or challenge normative standards to maintain their social position?
-
You are earning $41,000 a year in city with a low cost of living. You are considering taking a job in another city where the cost of living is 15% higher. What is the minimum salary you would need to...
-
Describe qualitative factors that could also complement the ratio analysis and play an important role in improving financial performance.
Study smarter with the SolutionInn App