Internal Revenue Service

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    Receipts) Tax -1- .50% 19.00% Little Rock Rental Vehicle Tax Total tax on Rental Vehicle 4. Sales tax also applies to the service of furnishing rooms by hotels, apartment hotels, lodging houses, tourist camps, or courts to transient guests who rent on less than a month-to-month basis. An additional two percent tourism tax applies to these lodging services as well as to the admission price to tourist attractions, watercraft rental, boat motors and related marine equipment, life jackets and

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    kitchen which would fall under both the charitable and religious classifications. While 501(c)(3) organizations may be the most common and recognizable, there are several other types of nonprofit organization as outlined by the United States Internal Revenue Service (IRS). The IRS website, irs.gov, provides detailed information on all types of nonprofit organizations, their purposes and the filing requirement of each. Some of the other types of nonprofit organizations are organized under section 501(c)(6)

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    Accounting for Capital Projects and Debt Service ------------------------------------------------- Questions for Review and Discussion 1. Budgets, and hence budget comparisons, are not as essential for capital projects and debt service funds because they are often on a project, rather than an annual, basis and spending is typically authorized on that basis. 2. When bonds are issued for more than their par value, the premium can be interpreted as an adjustment of the interest

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    BACKGROUND INFORMATION The Taxpayer Relief Act of 1997 (TRA97) established two education tax credits: the Hope Tax Credit (currently modified as the American Opportunity Credit by the American Recovery and Reinvestment Act of 2009) for students who are enrolled in one of the first four years of postsecondary education and are carrying at least a half-time workload while pursuing an undergraduate degree, certificate, or other recognized credential; and the Lifetime Learning Tax Credit for students

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    One of the most unethical interest groups is actively trying to increase inequality in America today. Americans for Prosperity is an organization that promotes unethical conservative views in America’s politics. Americans for Prosperity is a relatively new foundation that emerged from the split of Citizens for a Sound Economy Foundation. Americans for Prosperity is one of the many political groups that the Koch brothers and Koch Industries created to get their way in American legislation. In America

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    A sole proprietor is one individual business that is not, like a corporation or limited liability company (LLCs). It does not have to be registered with the participating states in order to be existent; conferring to the Internal Revenue Service (IRS); in 2008, more than 22.6 million sole proprietors existed in the United States (Staff I., N.d.). A sole proprietorship type of business is the easiest to form, however, it is also the easiest to forget to register with the local government which is

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    A1. Company Identification: Four T Tax Service is a family owned tax preparation tax service operating out of Henderson Nevada. A2. Mission of the Company: As a family owned and operated company we strive to treat our clients as family. We will operate with integrity and build a relationship with our client that will give them confidence in our services. A3. Business Goals: As a family owned and operated company we will strive to treat our clients as family. We will always treat them with

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    ASSURANCE SERVICES Auditing, Attestation, and Assurance Services Paper By University of Phoenix ACC 490 This paper will provide examples for each type of service, which is auditing, assurance and attestation. These are very important services when it comes to the auditing process. There are certain individuals and organizations that may request these services. Also, the standards that apply to each service and who establishes those standards will be further discussed. These services are important

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    Unfair Taxation System The current taxation system is outdated and unfair today in America. This is a major issue in the United States in any case; a few individuals fail to realize that. The taxation system is currently composed around three major classes which are the high class, the middle class, and the lower class. Each class system is designed to decide their taxation livelihoods, income stability, and their qualities. Although, each class system is setup different through their income stability

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    A Subchapter S-corporation is a closed form of corporation, where the number of members is limited. It has tax advantages compared to fully-fledged corporations which operate depending on their charter if they meet the requirements of the Internal Revenue Service (IRS) (Robinson et al., 2015). It is structured as a legal entity, with limited liabilities to the stockholders depending on the amount invested in the

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