Business

4 August, 04:45

It is the beginning of the year and you receive your first W-2 form. After filling out your taxes you realize that you are going to have to pay the IRS. Why do you have to pay them? What do you need to do differently in the future to avoid this from happening again?

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “It is the beginning of the year and you receive your first W-2 form. After filling out your taxes you realize that you are going to have to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

The year-end financial statements of Greenway Company contained the following elements and corresponding amounts: Assets = $23,000; Liabilities = ?

A favorable balance of trade occurs when the value of a country's exports exceeds the value of its imports.

On January 12, JumpStart purchased $870 in office supplies. (a) Journalize the transaction as if JumpStart paid cash. Jan. 12 (b) Journalize the transaction as if JumpStart placed it on account. Jan.

Clint had $748.87 in his checking account, and a check that he wrote to his landlord for $725.00 was just deposited. This will result in which, if any, of the following fees? A. Service fee B. No fee C. Overdrawn fee D. ATM fee

If you keep your eyes fixed on a spot ahead of you, you will be less likely to get into a collision. True or false

New Questions in Business

Your brother has asked you for a loan and has promised to pay you $9,800 at the end of three years. If you normally invest to earn 6.

A retail space was leased for $1,200 per month; the owner also pays the shopping center 8% of gross income which is $50,000 monthly. how much does the owner pay annually?

Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary difference of $100,000 (taxed at 34 percent). During the year, Robinson reported pretax book income of $400,000.

Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made last month. Where should they start the process?

While working out at the gym you hear a group of individuals making obscene remarks about your body. You feel like you are being sexually harassed. Which of the following is a technique to deal with sexual harassment?