Aams module 9 Study guides, Class notes & Summaries
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AAMS Module 9
- Exam (elaborations) • 3 pages • 2024
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AAMS Module 1-10 Quizzes - Questions and Answers (Complete Solutions)
- Exam (elaborations) • 60 pages • 2024
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AAMS Module 1-10 Quizzes - Questions and Answers (Complete Solutions) What are the major steps in the asset management process? 1. gather data 2. establish goals 3. analyze information 4. make and implement recommendations 5. monitor Stefan's business plan includes the following goal: "I will contact 50 prospective clients and document this activity in the CRM for tracking purposes." Which primary element of a good goal is missing? This goal is not time-framed. The acronym to remember for g...
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AAMS Module 5: Taxation of Investments Exam Study Guide with Complete Solutions
- Exam (elaborations) • 18 pages • 2024
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AAMS Module 5: Taxation of Investments Exam 
Study Guide with Complete Solutions 
Basic Tax Formula - Answer️️ -1 Total Income 
Minus 2 Adjustments to Income (deductions for adjusted gross income) 
Equals 3 (AGI) Adjusted Gross Income 
Minus 4 Standard Deduction or Total itemized Deductions 
Equals 5 Taxable Income 
6 Calculate Tax 
Minus 7 Credits 
Plus 8 Other Taxes (Self employment tax, etc) 
Equals 9 Net Tax Liability (if negative, there's a refund) 
Gross Income - Answer️️ -Technic...
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