subject
Business, 29.07.2019 22:20 arianaaldaz062002

Kim works for a clothing manufacturer as a dress designer. during 2018, she travels to new york city to attend five days of fashion shows and then spends three days sightseeing. her expenses are as follows: airfare $1,500 lodging (8 nights) 1,920 meals (8 days) 1,440 airport transportation 120 assume lodging/meals are the same amount for the business and personal portion of the trip ($240 per day for lodging and $180 per day for meals). if an amount is zero, enter "0". a. determine kim's business expenses, presuming no reimbursement. airfare $ lodging meals transportation total $ what amount may she deduct on her tax return? $ b. would the tax treatment of kim's deduction differ if she was an independent contractor? the deductible expenses on her tax return would be $ and the expenses would be classified as .

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:00
Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e.g. 1.48.)
Answers: 2
question
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
Answers: 1
question
Business, 22.06.2019 01:00
Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?
Answers: 3
question
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
You know the right answer?
Kim works for a clothing manufacturer as a dress designer. during 2018, she travels to new york city...
Questions
question
Mathematics, 09.09.2019 01:20
question
Computers and Technology, 09.09.2019 01:20
question
Mathematics, 09.09.2019 01:20
Questions on the website: 13722359