On july 20, 2018, kelli purchases office equipment at a cost of $12,000. kelli elects out of bonus depreciation but makes the election to expense for 2018. she is self-employed as an attorney, and, in 2018, her business has a net income of $6,000 before considering this election to expense. kelli has no other income or expenses for the year. what is the maximum amount that kelli may deduct for 2018 under the election to expense, assuming she elects to expense the entire $12,000 purchase? a.$6,000 b.$3,000 c.$12,000 d.$1,000 e.$24,000

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .

How can a company salesperson with product development

If china enforces the software procurement regulation, the most likely result is