Determine eligibility for available tax credits and complete an official worksheet for each credit, to demonstrate eligibility. Note: Completing a tax form requires specific steps that need to be executed in a sequence. The assessments in this course are presented in a sequence and must be completed in order. Incorrect entries in previous assessments … Read more
You use your problem-solving skill every day, even when you don’t realize it. For example, maybe you need to be at work for an important meeting, but your child is sick. How do you make arrangements so you can get to your meeting? Or imagine you’re trying to make pancakes on Sunday morning, and … Read more
Apply the rules associated with inclusions and exclusions to an individual’s gross income and apply another set of code rules to determine a taxpayer’s AGI. Note: Completing a tax form requires specific steps that need to be executed in a sequence. The assessments in this course are presented in a sequence and must be … Read more
Complete two exercises in accounting for the equity of a pass-through entity, such as an LLC, limited partnership, or general partnership structure. Introduction The partnership form of business ownership is quite popular. One reason is that partnerships are easy to create the double taxation inherent in corporate ownership can be avoided. However, the unlimited … Read more
This week you’re learning some of the characteristics that will help you practice your relationship-building skill (trust, mutual respect, mindfulness, diversity and inclusion, and open communication). Choose at least one characteristic Discuss how you are applying your chosen characteristic(s) in your life right now at home, work, or school.
Complete two exercises in accounting for foreign currency transactions and translating financial statements from a foreign currency into U.S. dollars. Introduction In today’s global economy, many companies conduct business in currencies other than the currency in which they report. Goods are often imported or exported with prices stated in a foreign currency. For the … Read more
Analyze official rules and instructions to determine an individual’s tax liability and complete a basic tax return.Note: Completing a tax return requires specific steps that need to be executed in a sequence. The assessments in this course are presented in a sequence and must be completed in order. Incorrect entries in this assessment will result … Read more
Complete a four-part assessment in which you will compute values, prepare journal entries, and provide written explanations. IntroductionNote: An accounting cycle requires specific steps that need to be executed in a sequence. The assessments in this course are presented in sequence and must be completed in order. Companies must present financial information to the … Read more
Complete an assessment with two main sections, which address (1) liability and owner’s equity and (2) warranty expense and issuance of securities. Introduction Note: An accounting cycle requires specific steps that need to be executed in a sequence. The assessments in this course are presented in sequence and must be completed in order. Competencies … Read more
Week 6 Discussion Think of a time when effective or ineffective communication affected your success at home, school, or work. Describe what happened. Then, explain how strong communication contributed to or could have improved the situation’s outcome. Be specific.