41. Which of the following statements regarding alternative minimum tax (AMT) under TCJA IS correct?
a) AMT is eliminated for all taxpayers in 2020.
b) The income level at which the exemption is phased out has increased in 2020.
c) Employees who exercise Incentive Stock Options may not be subject to AMT.
d) The preference items for AMT have not changed for 2018-2025 b.05 wants to

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast