Explain low-income housing tax credit?

Q: Suppose that LilyMac Photography expects EBIT to be approximately $210,000 per year for the…

A: Given that Lily Mac photography  has 1000, 10 year ,9% annual coupon bond outstanding.Multiplying…

Q: Discuss the different types of taxpayers.

A: there are different types of taxpayer in the Philippines it often times causes public confusion…

Q: Explain Rehabilitation Investment Tax Credits?

A: Income Tax Expenses: The expenses which are related to the taxable income of the individuals and…

Q: Explain Multifamily Housing Markets?

A: Multifamily housing market This market is a segment of the market of real estate as it is a housing…

Q: Write a short reflection on taxes, who should carry the burden and who benefits from it?

A: Taxes Taxes which are considered to be one of the important source of revenues for the government…

Q: What is the current CD (certificate of deposit rate) from your financial institution (bank) for a CD…

A: These rates are subject to change based on market conditions and the policies of our institution.…

Q: Why does every person behave differently depending on their financial incomes

A: Each and every individual is different from the other, and the thinking process and criteria are…

Q: What are all type of taxes we need to pay

A: As individuals and as entities we need to pay various direct taxes as well as indirect taxes in our…

Q: Real estate taxes are municipal or local taxes. a. True b. False

A: Correct Answer:-  True

Q: should social security funded more by raising or eliminating the limit of income taxed. What's…

A: The Social Security Funding Debate: Raising or Eliminating the Tax Cap?The question of how to best…

Q: Give reasons why migration and income inequality is positively related.

A: Migration means the movement and settlement of people, usually in large numbers, from one area to…

Q: What are some costs of home ownership that are not deductible?

A: Costs are the monetary value of expenditures for goods, services, labor, products, equipment, and…

Q: rate

A: 1. A higher income tax is not good for an individual, as higher income tax results in poor saving…

Q: What are homestead and family allowances?

A: Allowances:   It refers to a sum of money paid to an individual for a specific purpose.

Q: What are some examples of income shortages when one retires?

A: Retirement planning means the process of planning the financial benefits during the work life and…

Q: Describe the differences between a person with a low personal discount rate and a person with a high…

A: The discount rate is the interest rate charged by the Federal Reserve Bank on short-term loans to…

Q: Explain the middle-income trap issue and elaborate the possible solutions to address the…

A: Traps:  There are various traps in finance and the economy, where individuals and countries can get…

Q: Propose ethical suggestions to reduce estate tax and gift taxes on property transfers.

A: Estate Tax: The estate tax is a levy on the overall worth of an individual's estate, which includes…

Q: Give an argument in favor of taxes on wealth like the estate tax. What potential problems would…

A: Wealth tax:   It refers to the tax levied on the value of held assets. This will consist of the…

Q: What are the different type of income tax?

A: The answer for the question on the different types of income tax is discussed hereunder : Taxes are…

Q: Define average tax rate

A: The taxes are the government source of income from the general public. The tax rate are the…

Q: How can tax law changes create incentives for investors to sell their properties to other investors?

A: Income property can be described by different means, including such leasing, as the asset bought or…

Q: What are FUTA and SUTA taxes? Is there any possible reduction in the FUTA tax rate? If so, what is…

A: Introduction: Employer payroll taxes are paid by the employer from its own funds on the basis of…

Q: What are the taxes and tax rates for individual taxpayers? Hope you can help me, thank you

A: Taxpayers are referred to as those individuals, or organizations who are obliged to pay the taxes to…

Q: Is it a good strategy to tax Lower income groups more as compared to higher income groups to remove…

A: Income distribution refers to the term which is defined as how the aggregate income of nation is…

Q: Discuss the various effects of income taxes on the ability to work, save and invest

A: Income Taxes- Individuals, entities/corporations/firms, and entities/corporations/firms are taxed on…

Q: Explain the Tax Treatment of Personal and Qualified Residences?

A: Tax Treatment of Personal and Qualified Residence: During one taxable, one taxpayer can choose 2…

Q: ects on income taxes, as measured

A: Deferred tax refers to the tax outcome because of the timing difference which factually refers to…

Q: Do you thinks taxes are moral? Explain your answers

A: Taxable income is the amount of income computed to measure the amount of taxes to be paid to the…

Q: How does Leasing offer tax advantages?

A: Lease: A contractual arrangement between the owner of the asset and the user of the asset for a…

Q: What are tax considerations of household employers

A: Household employee:  He is an individual who is paid to provide a service within their employer’s…

Q: Do you think

A: these are the following drawbacks of property taxes: Lower incentive to buy a home High property…

Q: Do you think taxes affect the value of real estate versus other investments?

A: Tax:   A tax is a compulsory charge or a levy imposed upon a taxpayer by a government organization…

Q: How do defined-benefit plans differ from defined contribution plans?

A: For long, pension has been taking care of post-retirement needs of a large section of retirees.…

Q: Compare the bases of the Hall-Rabushka flat tax, a broad-based general sales tax, and a…

A: Hall-Rabushka flat tax: This concept was brought by Hall and Rabushka because flat tax would be…

Q: Is the local property tax a regressive tax, or a progressive tax?

A: Progressive Taxes: Taxes that require high income groups to pay a larger percentage of income in…

Factors Affecting Housing Decision