Explain married file jointly and married file separate with an example of dependent care credit and rate difference example? Give both case explanations if possible?

Q: The basis for dividing partnership net income or net loss is referred to as any of the following…

A: The ratio in which the net income or net loss is divided among the partners is agreed upon in the…

Q: Group of answer choices a. type of care

A: Grooming/personal hygiene, clothing, toileting/continence, transferring/ambulating, and eating are…

Q: What is the importance of ratio analysis? What are the four main categories? How would a health care…

A: Financial ratios are based on the mathematical relationship between two financial line items.   For…

Q: How do economic factors influence healthcare policy decisions and outcomes?l am not satisfy give…

A: The objective of the question is to understand the impact of economic factors on healthcare policy…

Q: Compare whole-life and term insurance.

A: Insurance is a legal agreement between an insurer (insurance company) and an insured person.

Q: Describe a private insurance. what is it? Discuss the primary strengths and advantages, and…

A: Private Insurance means an insurance plan which is not operated by the government. It comes under…

Q: What is a third-party payor, and how does the presence of such payors affect the financial…

A: Third party payor in healthcare entities is the payer, insurance company  or health agency not…

Q: How would you advise the partners in developing a method for dividing income?

A: Partnership:   Partnership is firm where two or more persons come together to business to share the…

Q: What will be the effects of Partnership Allocations and Substantial Economic?

A: Substantial Economic Effect The partnership allocation might not be fulfilled and complete if the…

Q: Off-balance sheet financing means that a company has larger obligations than it shows on its balance…

A: The main objective of off-balance sheet financing is to show the debt liabilities of the company at…

Q: Have we made the payment structure of health care to complicated?

A: Health care providers are paid based on the quality of care they provide rather than…

Q: What’s are the advantages and disadvantages of a single Payer system of a national health insurance…

A: Due to uncertain factors, risk arises. To reduce or manage the risk and possibility of arises of…

Q: What kinds of investments in the household are just as likely for cohabiting couples as for married…

A: Cohabiting couples and married couples may make similar types of household investments, such as…

Q: Please add a source to the question. If you do want to elect COBRA coverage, what are some important…

A: COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that requires employers to…

Q: Compare life cover and funeral cover, stating the advantages and disadvantages of each

A: Life cover acts as a safeguarding financial tool, delivering a lump sum to beneficiaries upon the…

Q: Define Homestead allowance.

A: Generally probate laws provide adequate protection to the family members of the decedent whom the…

Q: What type of life insurance policy would give you investment choice?

A: Unit linked insurance plans (ULIP) is life insurance plans that having hybrid characteristics. This…

Q: Transfer payments include i. social security benefits ii. medicare and medicaid benefits iii.…

A: Transfer payment is the payment by the government for which nothing has not been received in return.…

Q: Which of the following financial tools is especially important for parents? A. A will b. Life…

A: Following financial tools are important for parents-

Q: What is a contractual adjustment? How does a health care organization account for a contractual…

A:

Q: hich type of insurance is not deductible as self-employed health insurance? a. Long-term care…

A: Deduction -Taxpayers have the option to itemize their deductions, which entails claiming deductions…

Q: Compare and contrast two main filing statuses married file separate and married file jointly?…

A: Income tax is charged by two types of taxes Federal Tax State Tax According to the federal…

Q: Compare and contrast the two types of partnership.

A: Partnership is having a joint ownership over a business. There are broadly two types of…

Q: If I bill customer for patient services what is that called

A: If a customer is Billed for patient services, then the revenue will be called SERVICE REVENUE.

Q: Differentiate between a private placement and apublic offering.

A: Private placement is sale of debt or securities between a company & selected number of…

Filing Federal Income Tax Return

A tax is the amount of money paid to the government on the revenue earned by the individual or business organization. It acts as an income for the government and an expense for the individual or business organization. There are different regulations regarding filing an income tax return in other countries.