g Thomas Franklin claimed an additional $3,000 in deductions he knowingly knew he did not qualify for so he could reduce his tax bill. This is referred to as tax:

Answers

Answer 1

A tax evasion has occurred when Franklin claimed an additional $3,000 in deductions knowingly that he did not qualify for reduction in his tax bill.

What is a tax evasion?

A tax evasion is seen as a crime/offense because the taxpayer defaults in tax filing either by refusal in payment of tax or deduction from normal tax.

In conclusion, a tax evasion has occurred when Franklin claimed an additional $3,000 in deductions knowingly that he did not qualify for reduction in his tax bill.

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Related Questions

I need help.
Extra points for this one.

Subject: Business/Economics

Answers

Answer:

Third option is correct. A monopoly involves no competition at all.

Explanation:

hope this helps :)

Punishable by imprisonment for 2 - 10 years in the institutional division; in addition to, may be fined up to $10,000.
A Capitol Felony
B 1st Degree Felony
C 2nd Degree Felony
D 3rd Degree Felony
E State Jail Felony

Answers

Answer:

A conviction for a third degree felony carries between 2 and 10 years in jail. It also carries a fine of up to $10,000. So C

Explanation:

A 3rd Degree Felony: Punishable by imprisonment for 2 - 10 years in the institutional division; in addition, may be fined up to $10,000. Thus, option D is the correct option.

What is a 3rd Degree Felony?

The offences that fall under the category of third-degree felonies and the charges that may be brought against a person for them vary greatly depending on the jurisdiction. Courts use unique felony categorization systems in various regions. To characterize crimes, they may employ number (1-3 or 1-6) or letter (A-D or A-I) systems.

The most serious crimes are often denoted by the lowest numbers or letters, however, all felonies are serious offences that carry mandatory prison sentences as well as additional consequences like fines. Often, sentences are accompanied by a temporary loss of rights, such as the ability to vote. Furthermore, it could be challenging to properly reintegrate into society if you have a criminal record.

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How to,
Evaluate yourself in the learning, time and effort you have put into this course. What grade you think deserve?

Answers

Answer:

i think that i would have to give myself maybe a B+ or C+

Explanation:

The birthday rule is used to determine the:

a. coinsurance amount

b. birthday of the dependent child

c. date to pay a claim

d. primary and secondary policyholders

Answers

Answer:

9.11

xplanation:㏒

The coinsurance amount is 9.11.  

Birthday of the dependent child is 1939-1945.

Date to play a claim is 1914-1918

Primary and secondary policy holders is 7/11.

Hope this helps! (: STAY SAFE AND BLESSED

Answer:

Primary and secondary policy holders

Explanation:

Let's look at a example

You was born in year 1980.Your little brother was born in 1987

So primary holder is you and secondary holder is your brother

Terry's Trees has reached its break-even point and has a contribution margin ratio of 70%. For each $1 increase in sales ______.

Answers

Answer:

- total contribution margin will increase by $0.70

- net operating income will increase by $0.70

Explanation:

Lucie Corporation's purchasing manager obtained a special price on an aluminum alloy from a new supplier, resulting in a direct-material price variance of $9,500F. The alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $2,000U, and was also difficult to use. This slowed worker efficiency, generating a $2,500U labor efficiency variance. To help remedy the situation, the production manager used senior line employees, which gave rise to a $900U labor rate variance. If overall product quality did not suffer, what variance amount is best used in judging the appropriateness of the purchasing manager's decision to acquire substandard material?

Answers

Answer:

he alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $2,000U, and was also difficult to use. This slowed worker ...

1 answer

·

Top answer:

Favorable Direct-material price variance 9500 F Les...

Explanation:

What is the expected rate of return for a stock that has a beta of 1 if the expected return on the market is 14%

Answers

Answer:

Therefore, the expected rate of return is 15 %.

Hudson Manufacturing prides itself on using a renewable energy source to run its plant. What is an example of a renewable energy source this company might use

Answers

The an example of a renewable energy source this company might use are biofuels, geothermal power, hydro electrical power or solar power.

What is renewable energy?

This is known to be a type of energy that originates from a source that is known to not in danger of being used up by people because it can be gotten back relatively fast.

The examples of renewable energy source are biomass, biofuels, geothermal power, hydro electrical power and others.

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If the risk-free rate is 3.80 percent and the risk premium is 2.8 percent, what is the required return

Answers

Answer: 6.6%

Explanation:

The expected rate of return is simply the risk free rate + the risk premium. So, 3.8% + 2.8% = 6.6%.

- The risk free rate is the return an investor would receive without any risk.
- The risk premium is the return an investor would receive over and above the risk free rate.

- Conceptually, if we rearrange this formula, if an investor require a rate of return of 6.6%, then the risk premium is simply the excess rate over the risk free rate. So, 6.6% - 3.8% = 2.8%. Here we can check that our work is correct.

A participating provider (PAR):

a. is not allowed to bill patients for the difference between the contracted rate and their normal fee

b. does not contract with the insurance plan

c. is responsible for paying health care fees

d. may bill patients for the difference between the contracted rate and their normal fee

Answers

Answer:

[A]  is not allowed to bill patients for the difference between the contracted rate and their normal fee

Explanation:

Answer:

is not allowed to bill patients for the difference between the contracted rate and their normal fee

Explanation:

When a participating payer is hired then his work is

Do a deal between the provider and payer.It happens through a contract.

The rules of contract should be obeyed

So option A is correct

Uncle Ulysses can obtain an additional 10 hours of painting capacity free of charge by training his
interns to paint. If he did this, how would his profits be affected?
A) Profit would increase by $6.92.
B) Profits would increase by $1.58.
C) Profits would decrease by $20.
D) Cannot tell from the information provided

Answers

Answer:

C

Explanation:

So basically you do that then multiple that 2x

Uncle Ulysses can obtain an additional 10 hours of painting capacity free of charge by training his interns to paint.  His profits  cannot tell from the information provided. thus option (D) is correct.

What is a Painting?

A painting is the expression of ideas and emotions of the artist. An artist uses his creative aesthetic qualities in a two-dimensional visual language in the form of painting.

The artist use various  elements like shapes, lines, colors, tones, and textures in various ways to produce sensations of volume, space, movement, and light on a flat surface.

A painting can be created on any surface from small stone to big building. Every character in a painting depicts some emotions and gives life to it. From paleolithic age to the modern era, the paintings are an important part of art.

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Which of these qualify as variable expenses? Check all that apply.
clothing purchases
. loan payment
monthly groceries
O apartment rent
cable tv
tivity

Answers

Answer:

The monthly groceries and the clothing purchases qualify as variable expenses. Variable expenses are expenses that can change in relation to your product or service usage such as fuel consumption. The monthly groceries and the clothing purchases expense can change. It depends on how you spend your money.

Answer:

Clothing purchases

Monthly groceries

Medical Bills

Explanation:

Edg 2022

Consider a public policy aimed as e-cigarettes. Assume the elasticity of demand is 0.4. If a Juul with two pods cost $40.00 and the government wants to reduce Juuling by 20 percent then by how much should the price have to rise

Answers

In order to reduce the Juuling by 20%, price would have to rise by 50%.

What is price elasticity of demand?

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.

What should be the percentage rise in price?

0.4 = 20%/ price

price = 20% / 0.4

= 50%

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A blank net worth table.
Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000 and has $9,000 in car loans. She has $8,000 in stock investments and $2,100 in a savings account. What is Lana’s net worth?
$83,750
$96,850
$254,000
$350,850

Answers

Answer:

$96,850

Explanation:

$96,850 is Lana’s net worth after all the calculations. Thus, option B is correct.

What is net worth?

The individual net worth is the sum of all one owned and everything visitors owe. It's important to understand your total wealth for 2 reasons: It enables you to comprehend your financial status right now. It offers one point of comparison for tracking goals' advancement.

The net worth will be derived from assets as well as liabilities that Lana has. As there will be a deduction between the two elements.

Net worth = Total assets - Total liabilities

The total assets Lana owns are:

=325,000+750+15,000+8,000+2,100

=350,850

The total liabilities that Lana has is:

=245,000+9,000

=254,000

Their net worth of Lana is:

=350,850−254,000

=96,850

Therefore, option B is the correct option.

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Jacinta is a supervisor at a customer service call center. She set a ________ objective for her subordinates to decrease their average call times by 12%.

Answers

She set a performance objective for her subordinates to decrease their average call times by 12%.

What is performance objective?

Performance objectives is an objectives or goals set for employees so as to enables them achieve the company  set objective or to achieve the company or organization goals.

Most supervisor tend to make use of performance objective for their subordinate for the success of the company by decreasing anything that may affect their subordinates productivity toward the company growths.

Inconclusion she set a performance objective for her subordinates to decrease their average call times by 12%.

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You are the CFO of Designer Brands and expect your firm to generate FCFs of $550,000 per year (starting next year) for 10 years. After that, annual FCFs will grow by 1% per year forever. Therefore, FCF in year 11 would be higher than FCF in year 10, FCF in year 12 would be higher than year 11, and so on. You expect a cost of capital of 4% for Designer Brands. How much would you value Designer Brands

Answers

I would value the Designer Brand as $16,970,189.21.

What is the value of the designer brand?

The value of the designer brand can be determined using the two-stage FCF growth model.

FCF each year from year 1 to 10 = $550,000

FCF from year 11 = ($550,000 x 1.01) / (0.04 - 0.01) = $18,516,666.67

The present value of the FCF would be determined next:

($550,000 / 1.04) + ($550,000 / 1.04^2) + ($550,000 / 1.04^3) + ($550,000 / 1.04^4) + ($550,000 / 1.04^5) + ($550,000 / 1.04^6) + ($550,000 / 1.04^7) + ($550,000 / 1.04^8) + ($550,000 / 1.04^9) + ($550,000 / 1.04^10) + ( $18,516,666.67 / 1.04^10) = $16,970,189.21

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Which of the following most resembles a case of taste-based discrimination (prejudice)?
A. Rodrigo will only hire bilingual people because a majority of his customers speak either English or Spanish.
B. Katelyn prefers not to hire women under the age of 35 because she is afraid they will eventually want to take maternity leave.
C. Austin has a deep-seated hatred of bald-headed men and refuses to hire any to work at his car wash.
D. Tatiana only hires men to move heavy kegs at her bar.

Answers

Answer:
C. Austin has a deep-seated hatred of bald-headed men and refuses to hire any to work at his car wash.
Explanation:
Taste-based discrimination is essentially prejudice

baldness & car washing have nothing to do with each other so it must be prejudice

openaccessgovernmentorg

quizlet

One example of a(n) __________ effect of foreign direct investment is when jobs are created because of increased local spending by employees of an MNE.

Answers

An example of direct effect of foreign direct investment is when jobs are created because of increased local spending by employees of an MNE.

What is foreign direct investment ?

A foreign direct investment  can be regarded as  purchase of an interest in a company and this is done outside border of a country.

It is a business decision to get substantial stake as regards  a foreign business .

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eness and HIPAA Awareness Training (800270)
racy Awareness and HIPAA Awareness Training
Colleagues should never "snoop" or look up information of
another colleague when there is no business purpose. Which of
the following are examples of accessing information without a
business purpose? (Select all that apply)
A colleague shares the name of the medication another colleague is taking.
A colleague decides to send an invitation to an event to another colleague and

Answers

An example of accessing information of another colleague when there is no business purpose is: sharing the name of the medication another colleague is taking.

What is HIPAA?

HIPAA is an acronym for Health Insurance Portability and Accountability Act. It was a bill that was enacted by the 104th U.S Congress and signed by President Bill Clinton in 1996, as a federal law to protect sensitive patient health information (PHI) from being disclosed to third-parties without their knowledge, approval (consent) or use and payment of health care insurance for employees.

Furthermore, colleagues (employees) are prohibited from looking up information (snooping) or accessing information of another colleague when there is no business purpose such as sharing the name of the medication another colleague is taking.

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. Savings habits you develop when you are young can stay with you for life. Yes or no, Support your answer.

Answers

Yes. Creating habits when you are young are bound to stick with you until you break them. It is hard to break a habit once you gain it. Thus, creating a saving habit when you are young is bound to stay with you when you are older, and it would be beneficial to you as well

Gfbhrfjugbcfvjgfbnkgfbjjff if fvhhhgfvvb

Answers

Answer:

I agree, I see the strength in your work

If you deposit $8,000 in a bank account that pays 3% interest annually, how much will be in your account after 5 years

Answers

Deposit, P = $8000

Interest rate, r = 3%

Period, t = 5 years

Future value = P * (1+r)t

Amount in account after 5 years = 8000 * (1+3%)5 = $ 9274.19

Those in China with more than one child are expected to pay for education and health care for their second children. What does this policy
imply?

A.
That education and health care are free for the first child.

B.
There are not enough places for all children in Chinese schools.

C.
That very few people in China can afford education and health care.

D.
The Chinese government is not interested in the health or education of children.

Answers

Answer:

A.

That education and health care are free for the first child.

Social Security payments are indexed for inflation using a. the CPI. b. the PPI. c. real interest rates. d. the GDP deflator.

Answers

Social Security payments are the yardstick for inflation that often uses the CPI.

Does Social Security use CPI?

Social Security benefits are known to be the indexed for inflation based on the result given by the CPI-W.

The CPI is used often in the adjusting  of income-tax brackets and also used to know the interest rates for Treasury Inflation Protected Securities known as TIPS .

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Which of the following are correct regarding why management uses internal controls? (Check all that apply.) Multiple select question. uphold company policies. promote efficient operations. reduce vendor payables. increase revenues. protect assets. ensure reliable accounting.

Answers

The options that explain why management uses internal controls are:

Uphold company policies.Protect assets.Promote efficient operations. Ensure reliable accounting.

What are Internal Controls?

Internal controls refer to those measures that are put in place by the organization to allow for conformance with the organizational objectives.

When internal controls are put in place, the vision of the company will be achieved because the employees adhere to the policies of the organization.

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Business ethics requires all except the following: Group of answer choices weighing the benefits of a decision compared to its harm consideration of duties owed to other human beings the characteristics possessed by a virtuous person contemplation of Christian principles of faith the care we have for the well-being of those affected by business decisions

Answers

Business ethics requires all the following options except the contemplation of Christian principles of faith.

What is Business Ethics?

The principles for morally acceptable and unethical corporate conduct are referred to as business ethics.

Business ethics are established by corporations to encourage employee ethics and acquire confidence from important stakeholders such as shareholders and consumers.

From the given information, the ethics of business that is not acceptable is:

The contemplation of Christian principles of faith.

This is because it challenges an individual personal faith and doesn't have any relation to business.

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Providers can use software to convert claims to an electronic:

a. flat file format

b. data interchange

c. remittance advice

d. funds transfer

Answers

Answer:

Flat file format

Explanation:

This is a format used to store reportsProviders store their claims as a document.That document is flat file .

Option A is correct

Providers can use software to convert claims to an electronic flat file format. Thus the correct option is  A.

What is software?

A computer's operating system and various activities are carried out by a program, which is a compilation of instructions, data, or applications called software.

This software are mainly of three types which include system software, like compiler and interpreter, application software like Microsoft word, and utility software like Antivirus program.

A flat file that includes just one datasheet. Table by table, the user can set data attributes like columns and data types, and those elements are stored separately from applications.

Complaints can be converted to a digital flat file format using software by providers. The Providers can store their claims in a flat file using this format, which is used to record reports.

Therefore, option A flat file format is appropriate.

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Which of the following statements about purpose in communication is true?
O A. The purpose of a communication is always persuasive.
O B. Purpose statements are too specific and do not help one think strategically about the best content to use.
OC. Thinking about the desired outcome often helps communicators refine the purpose of their communication.
OD. Purpose and outcome are the same.
O E. Business messages that are purely informative do not need a purpose.

Answers

The true statement thinking about the desired outcome often helps communicators refine the purpose of their communication.

Purpose of communication

Communication is simply the act of transferring information from one place, person or group to another.

For every communication, there is presence of at least one sender and a recipient.

Communication is key to inform, express feelings, imagine, to influence, and to meet social expectations.

Based on the explanations, thinking about the desired outcome often helps communicators refine the purpose of their communication.

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*Will award brainliest if correct answer is given!*

Confidentiality is the:
a. the safekeeping of patient information by controlling access to hard copy and computerized records
b. restriction of access to patient information to those with proper authorization
c. private information shared between a patient and health care provider
d. the right of individuals to keep their information from being disclosed to others

Answers

Answer: Its A Iam sure i got an 100% I promise just check ok tell me to watch

Explanation:

When she visited Italy, Catherine noticed that restaurants were slower to deliver food and expected customers to stay longer than she was used to in the U.S. This is an example of a:

Answers

Given that the restauranys were slower to deliver food than what she was used tpo in the United States, this is an example of folkway.

What is folkway?

Folk way can be reagrded to mean the traditional way or maethod of doing things in a certain group of people.

This is the answer due to the fac tthat the people are different from the Americans, their own methods differ from others.

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Who is Tadashi Sawamura? Which of the following is not directly related to the sample size calculations in the case of one sample z testing? On July 1, Year 1, Mel leased property for 2 years for $700 a month. On September 30, Year 1, the owner of the property told him that if he paid the total in advance for the remainder of the lease, the rent would be reduced to $675 a month. Mel accepted his offer and on October 1, Year 1, he paid the owner $14,175. How much can Mel deduct as rental expense in Year 1? Please need help with number 9 and 10!! With solution needed please!! Which equation matches the graph of the greatest integer function given below? A. y= [x] + 3B. y= [x] -3C. y= [x] +2D y= [x] -2 A covalent molecule Q contains exactly 6 shared electrons. What is Q Does anyone mind helping? Kristen's current credit score does not qualify her for a conforming conventional loan, but she is eager to purchase a house. Which lender practice would be the most likely indication of predatory lending? charging points to get a lower interest rate bundling unneeded life insurance premiums into the mortgage requiring a 20% down payment charging a one-point loan origination fee Answer pls Who knows the answer A parachutists speed during a free fall reaches 165 feet per second. What is this speed in meters per second? At this speed, how many meters will the parachutist fall during 10 seconds of free fall? In your computations, assume that 1 meter is equal to 3.3 feet. Do not round your answer. QUICK! [This is the stem.]If each circle represents the cell membrane of an animal cell, which diagram correctly shows the movement of materials by osmosis? can u plz help me i have 2 more to day after this one A triangle has vertices at L(-7,0), M(2,1), and N(-3,5). Verify that is it a right isosceles triangle.Please help me with this problem QUICK. PLEASE HELP GIVING BRAINLIEST 50 POINTS Are there absolute truths and values that transcend time and space? If yes where might these come from? PLS ANSWER AS SOON AS POSSIBLE Joe bought 15 items for $135. If the 15 items consisted of notebooks that cost $4.50 each and calculators that cost $12.00 each, how many of each did he buy? In this polygon, all angles are right angles. What is the area of this polygon? Enter your answer in the box. ft Polygon in the shape of a letter L, which could be formed by a horizontal rectangle attached along the bottom part of a vertical rectangle. The left side of the figure is 18 ft, the bottom side of the figure is 21 ft, the right side of the figure is 8 ft, and the top part of the horizontal rectangle to the right of the vertical rectangle is 12 ft. Dalia purchased a T.V. on sale for 15% less than the original price. If the original price was $200 how much money did Dalia save? -10(2x+1/5) in standard form