Question: How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you!

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you!

CHARITABLE AND OTHER CONTRIBUTIONS. Charitable and other contributions can be deducted from gross income: (I) If it is an expense in the conduct of trade or business; (2) If it was given to associations with purposes mentioned in the law (those given directly to individuals cannot be deducted); (3) There are contributions deductible (a) In full (Example: A contribution to the government, for a priority activity in health); and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you!

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you! Banking and Financial Institution Banking: An...

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you! lConsumers try to maximize their utility with every item...

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you! Banking and Financial Institution CENTRAL . CDS = NCDs &...

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you! Types of Risk in Banking -Credit Risk -Currency Risk...

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you! Banker to Government Lesson 5 1. Banker 2.Advisor...

How can you explain this? Please explain in Taglish. Please give an example po na related sa topic para po mas lalong maintindihan. Thank you! Risk in Banking Introduction -By virtue of borrowing and...

DCF Company Valuation - Prepar a DCF Valuation ofApple, INCusing the eVal model and the projections. Compare the intrinsic value of the company's stock (valuation) to the current stock price....

You will justify recommendations and explain potential issues future decisions relating to Ms. Shires tax situations. G You will justify recommendations and explain potential issues future decisions...

Fair and equitable has to determine its cost of capital using the following information: The firm has $30,000,000 in corporate bonds currently selling at 97.5. The bonds mature in 9 years and have an...

You want to save some money in a bank with the expectation of receiving $50,000 in 5 years. One bank has proposed a monthly compounding rate of 9.5%. How much money do you need to deposit in the bank...

Stockholder investments are increases in equity from a company's earnings activities. Group of answer choices True False

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...