Would tina''s tax situation be better if xyz were proprietor

Assignment Help Business Management

Reference no: EM1386848

Q. XYZ Corporation had a net loss of $90,000 from operations in 2010. Tina owns XYZ and works 20 hours a week in the trade. She has a large amount of income from other sources and is in the 33% marginal tax bracket. Would Tina's tax situation be better if XYZ were a proprietorship or a C corporation? Explain why.

Reference no: EM1386848

Questions Cloud

Chronic hypertension prone to developing heart failure : Explain why do positive inotropic agents help in the treatment of heart failure and also explain why are patients with chronic hypertension prone to developing heart failure?

Compute the de broglie wavelength of each particle : An electron and a proton each have a thermal kinetic energy of 3×kBT/2. Compute the de Broglie wavelength of each particle at the temperature of 2050 K. (kb is Boltzmann's constant, 1.38×10-23 J/K).

Explain how the phone and pomegrants phone prices : Explain how the phone and pomegrants phone prices and quantity demanded will change if a new type of wakie-talkie has an unlimited range and is basically free

Discuss what makes contracts difficult : Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend.

Would tina''s tax situation be better if xyz were proprietor : She has a large amount of income from other sources and is in the 33% marginal tax bracket. Would Tina's tax situation be better if XYZ were a proprietorship or a C corporation? Explain why.

Role of wisdom : Socrates sees the role of wisdom in several ways which was passed down to his student Plato. What does wisdom have to do with the portrait of Socrates that Plato has handed down to us?

Obtain a summary of all research and development : Obtain a summary of all Research and Development projects currently underway, including their current status,estimated time and cost to complete and the estimated

High-post out to the rest of the organization : The program took 5 years to get to the end point. is which realistic or did it take too long? Explain why the timing may vary. Would you let the names of the high-post out to the rest of the organization? Explain why or explain why not?

What is the received sound frequency : If the initial temperature of the horseshoe is 600?C, and initial temperature of the water is 40?C, what is the equilibrium temperature of the system? Suppose no heat is exchanged with the surroundings.

User Account

All Pages