Tax liabilty - Study guides, Study notes & Summaries

Describe the history of taxation in the US - correct answer 1861 - to finance civil war 1894 - Income tax reinstated but ruled unconstitutional 1895 1913 - 16th amendment 1940 - WWII mass tax 1943 - pay as you go withholding 1986 - Internal Revenue Code Identify the sources of tax law - correct answer Legislative Branch - Internal Revenue Code (Top) - Congressional Committee Reports Executi...

Chapter 3 - Answer New Jersey License Laws real estate commission - Answer 8 members - 5 brokers who have been state residents for atleast 10 years - 2 members of the public - 1 government designee the real estate commission is funded by? - Answer the department of banking and insurance how many days of notice are needed for the real estate commission to search broker records? - Answer zero what kind of power does the real estate commission have? - Answer subpoena power Sales...

life insurance exam practice questions and answers | 100% correct which approach considers the future needs of the survivors in determining amounts of life insurance? - Answer️️ -human life value approach what is insurable interest required? - Answer️️ -at time of application which of the following is not an illegal document? - Answer️️ -giving the insured an article of merchandise printed with the producers name costing $$ which of the following is not true about converting a...

CPCU 553 Test Questions with All Correct Answers "Due and confined to" - Answer-for Wear & Tear / Freezing / Breakdown / Road Damage. Will not covered damaged item, but may cover ensuring loss (fire, etc) /."Personal Injury Protection" - Answer-included on an auto policy with no-fault insurance. Covers victim on first party basis regardless of fault /.403(b) - Answer-tax-empt organizations; charitable, religious, scientific, educational; invest in tax shelter /.80% Replacement ...

M100 Exams Questions with Correct Answers 2024/2025 Community Association - ANS-Mandatory memberships, mutually binding contracts, lien-based assessments Purpose of community association - ANS-Provide for the community, business, and governance aspects of the association Basic types of community association - ANS-Planned communities, condominium, and cooperatives Planned community - ANS-HOA, owner association Condominium - ANS-Owner of his/her unit Cooperative - ANS-Owns stock/...

Workings clearly shown step by step.

Goods - correct answertangible products that we use to satisfy our wants and needs Services - correct answerintangible products Trade Descriptions Act - correct answera law whereby a good or service must do what the advertising claims Monopolies and Mergers Act - correct answera law aimed at preventing domination of a market by one or two firms ITC - correct answerIndependent Television Comission Monopoly - correct answer(economics) a market in which there are many buyers but only...