(Answered) Maxine is the proprietor of a home based business she paid

Management Studies

Maxine is the proprietor of a home based business. She paid $25,000 to her editorial assistant, $8,000 to her son as her computer technician, and $32,000 to herself as salary. How much can she deduct as a business expense on her income tax return?

A) Nil

B) $25,000

C) $33,000

D) $65,000

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92045400
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Explain the cognitive evaluation theory regarding

Explain the cognitive evaluation theory regarding leadership and organizational behavior?

Explain change strategies give an example of change

Explain change strategies. Give an example of change strategy that a company could implement.

Explain the purpose of each of the five parts in the ryan

Explain the purpose of each of the five Parts in The Ryan White Care Act. Explain other viewpoints or opposing viewpoints of the Act. Describe your stance on if there is a need for the Ryan White Care Act with the Afford ...

What are common components of career management

What are common components of career management systems?

Derivation of the market demand curveassume the individual

Derivation of the Market Demand Curve. Assume the individual demand curves for three consumers: Q demanded Daniel = 10 - 0.05 P Q demanded Sandra = 24 - 1.5 P Q demanded Felix = 32 - 4 P Please derive demand curve for th ...

What are the biggest benefits to creating a program or

What are the biggest benefits to creating a program or method that utilizes recursion in Java? In what scenario would it be appropriate to utilize a stack over a recursive implementation? Please provide an example to ill ...

Your younger cousin is taking a personal finance class in

Your younger cousin is taking a personal finance class in high school. They have been assigned a project where they will track a 10$ stock investment over the course of the semester. Help your cousin make an informed dec ...

Write template function called sumsmall that takes an array

Write template function called sumSmall that takes an array of type T* and length as parameters. What type should it return? In the function, sum all values THAT ARE LESS THAN 10. In other words, if the value is 10 or gr ...

1 what is the boolean expression for an and gate2 what is

1. What is the Boolean expression for an AND gate? 2. What is the Boolean expression for an OR gate? 3. What is the Boolean expression for a NOT gate?

Last week you explored various recruitment methods be

Last week you explored various recruitment methods. be considering three candidates for the position of administrative assistant at your company. Prior to beginning work on this discussion, review the article What Are th ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert