Sara Harding is a cash-basis taxpayer who itemized her deductions. The following information pertains to Sara's state income taxes for the taxable year Year 3: Withheld by employer in Year 3 $2,000 Payments on Year 3 estimate: 4/15/03 $300 6/15/03 300 9/15/03 300 1/15/04 300 1,200 Total paid and withheld $3,200 Actual tax, per state return 3,000 Overpayment $ 200 There was no balance of tax or refund due on Sara's Year 2 state tax return. How much is deductible for state income taxes on Sara's Year 3 federal income tax return

Competitive intelligence activities occur so that a company can use information about a competitor's new products to  develop superior marketing strategies for its own products.  when talking about  competitive intelligence, an easy way to  remember  these terms are to know your  enemy. when having  competitive intelligence it's allowing information you find out about other companies and how they run their company, the risks they have come in contact with and  opportunities they  haven't taken and figure out how to use them to your advantage. always be  smarter than your  competition. 

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