Midtown Family Clinic case study Business Finance Assignment Help

Identify some common miscellaneous itemized deductions and identify any limitations that are imposed on the deductibility of these items.

One itemized deduction allowed is for medical expenses. In what cases are medical insurance premiums paid by an individual not deductible as qualified expenses?

Can you make response each posted below # 1 to 3

1. From: Carolyn Holland posted Jun 2, 2018 10:20 PM

Union dues are a miscellaneous itemized deduction subject to the 2% of AGI limitation. Job-search costs are deductible if the taxpayer is trying to find a job in the same profession that they currently work. Education and related expenses are deductible if the education improves a skill required in the taxpayer’s employment or trade or business or the education meets the expressed relationship, status or rate of compensation. Uniforms and special clothing are only deductible if they meet three requirements: 1. clothing is required as a condition of employment. 2. clothing is not adaptable for normal everyday use. 3. clothing is not actually used by the taxpayer for everyday use. Expenses for production of income, for example investor expenses such as counsel fees or custodian fees. Expenses connected with the determination of tax are another miscellaneous itemized deduction. These are fees such as tax preparation fees, legal fees for defense against tax evasion charges and appraisal fees for determining fair market value of property for tax purposes.

Medical insurance premiums that do not qualify as deductible expenses are as follows:

Life insurance policies; insurance policies that provide payments for loss of earnings; insurance policies for loss of life, limb, sight, function, etc.; insurance policies that pay you a guaranteed amount each week for a stated number of weeks if you are sick, injured or hospitalized; the part of your car insurance policy that provides medical insurance coverage for all person injured in or by your car; health or long-term care insurance if the premiums were paid with tax-free distributions from a retirement plan made directly to the insurance provider without your intercession and these payments would have otherwise been included in your income.

2. From: Shaun White posted Jun 2, 2018 10:10 PM

Hello Classmates,

Some common miscellaneous itemized deductions are Certain Employee Expenses and Cost of Tax Advice.

The main limitation is that any deduction made, that deduction must exceed 2% of the individuals AGI. Some deduction limitations for Certain Employee Expenses is that people cannot deduct their gas mileage, food expenses, clothing expenses, or any other deductions that’s for their everyday routine. If there’s an expense that’s strictly for work like a certain laptop, supply, clothing item, food order, or travel expense, only then can it be claimed. A deduction limitations for Cost of Tax Advice is that you’re not able to deduct any expenses incurred with paying taxes, like interest charged to an individual who needs to make payments, which is pretty sad.

For medical expenses 1 case in which an individual cannot deduct their medical expenses is when their expenses don’t exceed 10% of their annual earnings. Another instance is if the individual is reimbursed for payments made by the hospital or insurance. For example, in some cases the individual may pay out of pocket during the visit and then get reimbursed or refunded later. That expense can no longer be deducted.

3. From: Latosha Graham posted Jun 2, 2018 5:59 PM

Most miscellaneous itemized deductions are subject to a 2% adjusted gross income limitation. Some of the most common are union dues, job searching cost, education and related expenses, uniforms and special clothing, expenses for the production of income, and expenses connected with the determination of tax.

All of your medical expenses that you paid may not be deductible if the expenses do not exceed the percentage of your AGI. If you can’t itemize greater than your standard deduction, none will be qualified either.

Using the information that you gathered on your travel destination, create a Microsoft PowerPoint presentation that includes the following:

1. A minimum of 6 slides and a maximum of 8 slides.
2. A minimum of three slide layouts, pleasing to the eye and easy to read.
3. Two or more clip art pieces or photos, one WordArt object, AND one Shape.
4. A theme.
5. A title slide that introduces you, your employer (International Travel Company), and your travel destination. It should also include the dates of the trip (select from either an October or a March date) and the cost of the trip: $3,200 per person. Note that optional travel insurance may be purchased for $250.
6. A slide that lists the name of the hotel you selected and a few details that will excite travelers about staying at this hotel. If you got this information from the Internet, be sure to use your own words. Copying and pasting is considered plagiarism. Indicate that a 50% down payment is required one month before the vacation begins (you determine the date) and that 50% is due one week before takeoff.
7. One or two slides that list details about the two tourist spots that travelers will be visiting. Again, be sure to use your own words.
8. A slide detailing the restaurant you chose for fine dining and a few possible dinner choices, if you have that information. Otherwise, make up the menu options.
9. A slide with an exciting fact about your destination.
10. A final slide to motivate potential vacationers to sign up.
11. Various transitions on each slide.
12. A least two animations.

Below you will find the attached document of company I have created and it NEEDS to be based off Bella’s Boutique.

For this part of your course long project, present a 2-3 page summary of the goals established for marketing and selling using new technologies.

• Not only will you need to an outline of the goals, but you must also include specific metrics that will be used to gauge the success or failure of the assigned goals.

• Please include any additional steps that will be required for follow-up.

• As this is a marketing/sales course, your project should be visually appealing with a clear, concise point of view. Excellent spelling and grammar are a required.

I want an academic analysis essay about this short story the thesis statement should be one of these two:

1- Richard Dokey’s short story “The Good Earth Grocery” argues that caring for others is not entirely selfless; caretakers often get their own needs met through their caretaking roles.

2- While many consider family to be a function of genetics, Richard Dokey’s “The Good Earth Grocery” demonstrates the way that family can be created over time, through extended communities.

This is the information about the story:

The story was published in the Winter/Spring 2017 edition of the Alaska Quarterly Review, volume 33, number 3-4.

ALL THE INFORMATION SHOULD BE CITED MLA STYLE AND FROM THE STORY ONLY.

Should be 3 pages long double spaces Times new roman 12pt.

The intro should indicate the name of the author and the date it was publish and the place.