While preparing Linda Lancaster's 2019 Schedule A, you review the following list of possible charitable deductions provided by Linda:
Cash contribution to a family whose house burned down $1,500 Time while working as a volunteer at Food Bank (6 hours @ $50/hour) $300 Cash contribution to United Methodist Church (receipt provided) $700 Cash contribution to Salvation Army (note from Linda, "I can't remember exactly the amount that I gave and I can't find the receipt. I think it was around $525") $525 Total $3,025 Write a response to Linda regarding each of her four listed deductions. In your response include a description of each of the four listed deductions, and why it is an allowable deduction, or why it is not an allowable deduction. Finally, list how much of the deduction is allowed for charitable contributions.
In: Accounting
Your client, Mr. and Mrs. Smith, have asked you about making a $120,000 cash charitable contribution to their church. They have heard that the new tax law has changed some of the rules about itemized deductions and charitable contribution limits, but they don’t know the details. They have provided you with their expected adjusted gross income (before any itemized or standard deduction) for 2018 which will be $100,000. Their AGI for 2019 will be $50,000 because Mr. Smith is retiring at the end of 2018. They have no other itemized deduction expenses in 2018 and expect none in 2019.
1)Explain to your manager how this contribution will be deducted on the client’s return in 2018 and 2019 and any future years if applicable ,List the code section that applies to charitable contribution limitations
2)List the code section that applies to charitable contribution limitations
In: Accounting
From the following in 201X, record the transactions in Burbank’s auxiliary petty cash record and general journal as needed:
Oct. 1 A check was drawn (no. 444) payable to Eileen Cooper, petty cashier, to establish a $200 petty cash fund.
Oct. 5 Paid $20 for postage stamps, voucher no. 1.
Oct. 9 Paid $11 for delivery charges on goods for resale, voucher no. 2.
Oct. 12 Paid $16 for donation to a church (miscellaneous expense), voucher no. 3.
Oct. 14 Paid $10 for postage stamps, voucher no. 4.
Oct. 17 Paid $20 for delivery charges on goods for resale, voucher no. 5.
Oct. 27 Purchased computer supplies from petty cash for $25, voucher no. 6.
Oct. 28 Paid $13 for postage, voucher no. 7.
Oct. 29 Drew check no. 715 to replenish petty cash and a $5 shortage.
In: Accounting
6. How do components of the OTPF impact the client and how are
they impacted by the client’s diagnosis or diagnoses?
a. If a client has a fractured wrist, their social context may be inhibited by
the client’s inability to drive to his/her card club.
b. The client with a spinal cord injury will demonstrate a deficit in motor
skills due to paralysis at/below the spinal level of the injury.
c. The client with a cognitive disorder (dementia) may have an
occupational deficit in dressing (ADL) due to an inability to remember
the steps to the task (client factor).
d. A client who has had a stroke and can no longer work, may have a
deficit in their role (homemaker or breadwinner-wife or husband), their
routine (inability to perform the tasks of cooking, cleaning or work),
ritual (difficulty holding a hymnal at church using both hands), habits
(inability to scratch their nose with the affected extremity).
In: Nursing
1. Look at each of the cases below from the point of view of the balance of payments for the United States. Determine the subcategory of the current account or financial account that each transaction would be classified in, and state whether it would enter as a credit or debit.
a. The U.S. government sells gold for dollars.
b. A migrant worker in California sends $500 home to his village in Mexico.
c. An American mutual fund manager uses the deposits of his fund investors to buy Brazilian telecommunication stocks.
d. A Japanese firm in Tennessee buys car parts from a subsidiary in Malaysia.
e. An American church donates five tons of rice to the Sudan to help with famine relief.
f. An American retired couple flies from Seattle to Tokyo on Japan Airlines.
g. The Mexican government sells pesos to the United States Treasury and buys dollars.
In: Economics
• MUST BE 5 PAGES
In: Operations Management
What are three significant changes to the current Internal Revenue Code from the Tax Cuts and Jobs Act of 2017? please explain these changes in your own words. Please state how these changes will affect taxable income and whether or not you think these changes are an improvement to the tax code.
In: Accounting
In: Finance
1. What process changes could be implemented to achieve 80 to 90
percent reliability in preventing and managing heel
ulcerations?
2. What process changes could be implemented to reach 95 percent
reliability in preventing and managing heel ulcerations?
3. If process changes are made to achieve 80 to 90 percent
reliability, how would you measure the effectiveness of these
changes?
4. If process changes are made to achieve 95
percent reliability, how would you measure the effectiveness of
these changes?
Please number each individual answer. The other answers I have found on chegg to this question are unclear.
In: Economics
After reading chapter 4, identify the major changes that took place in the DSM-5. Do you think these changes were positive changes? Consider what changes you think might take place when the DSM 6 is published. Make sure to cite your sources.
In: Psychology