According to the IRS, educational assistance programs may qualify for tax benefits if the employer meets three additional requirements. Which of the following is not one of those requirements? O Offer the program exclusively for the benefit of employees O Satisfy nondiscrimination requirements O Describe the program in a separate written document O Provide program evaluation results

1. Which of the following items is normally NOT assessable under salaries tax? a. Payment in lieu of notice to an employee who has been dismissed without adequate notice given by the employer.   b. Tuition fee paid by an employer for an employee's children, where the employer has entered into the relevant contract with the school directly.   c. Reimbursement of medical expenses of an employee by an employer pursuant to the terms provided in the employment contract.   d. Lump sum payment to a resigning employee in consideration of his not engaging in the same industry for two years.   2. Henry Ltd is carrying on business in Hong Kong. It acquires funding from various sources in Hong Kong and makes investment in securities listed in overseas markets. Henry Ltd's directors carry out investment analysis in Hong Kong and instruct its overseas agents to execute the orders of purchase and sale in the overseas stock exchange. During the year 2020/21, $10 million profits were derived from…

which of the following is not a COVID-19 tax relief provision available to a self-employed taxpayers?

What are the underlying reasons for the implementation of allowing student loan interest to be considered a reduction to your taxable income?  Why did the government and the IRS allow for this reduction to income?