TAXATION OF INDIVIDUALS
What is the difference between a personal exemption and a dependency exemption? Are all
taxpayers allowed a personal exemption?
Both types of exemptions are worth the same amount in terms of a
Key Concepts of IFRS 9, IAS 32,
and IFRS 7.
A contract that gives rise to a financial asset
of one entity and a financial liability or equity
instrument of another entity.
IFRS 9 Financial Instruments
(replacement of IAS 39
In this instance costs must be capitalized and amortized as needed over the life of the loan.
Her total capitalization of the building would be
As far as the interest she can deduct
for this current year since the points must also
Akira is self-employed as a personal financial planner. He went out-of-town for two
days to visit three of his best clients and incurs the following expenses:
As you venture through the business world, you will see in contracts a mediation and/or
arbitration clause. Generally, the paragraph will advise you that any dispute involving this contract
will require mandatory mediation before you can file suit.
The Criminal Law and Business
What types of offenses are we talking about when we mention white-collar
crime? Did you think of:
Making electronic advances to fictitious employees
Overcharging customers and pocketing the difference
Administering leaves in compliance with the Americans With Disabilities Act, the Family and
Medical Leave Act and Workers Compensation Statutes
I. WHY IS IT SO HARD TO COMPLY WITH ALL THREE?
There are at least four reasons why administering leaves in comp
A DISCUSSION OF THE CHILD LABOR LAWS
Today children are still working, as it seems that they always have been, in a
variety of occupations and industries. They work for various reasons, whether it is
a financial necessity to help their family who is at th
Principles of Contract Law
After reading the chapter on contracts, you were probably not very excited about
this lecture. But get excited, because a basic understanding of contract law is not
only essential, but could also put money in your pocket instead
Chapter 6 - Property
Not only is this a fun chapter, it is also relevant to everyday business
operations. Think about the numerous large and small corporations in your
community that office in buildings that surround you. Each one has a lease or
Employment and Labor Laws
Take a moment and think of some new employment laws. Many of you have
received training on some of the new employment laws. Can you distinguish
between the Family Medical Leave Act and the ADA? What did you think of the
Discrimination In Employment
If employment law was without exemptions, there would not be a need for so
many employment law attorneys. Generally, employment discrimination is
determined on a case-by-case basis. This chapter discusses what constitutes
Torts in the Business Environment
Throughout this course, we will study how the law will influence your role as a
manager or owner of a business. In this chapter we will explore the various
torts and crimes your business may ultimately be responsible for.
Corporate Governance and Business Organizations
When comparing the three major forms of business organizations, we begin with
the least complex and most common form, sole proprietorship. The sole
proprietorship is a business owned an
Law as the Foundation of Business and the Court System
Law is the most significant of the formal social forces that hold together societies.
Law is understood by everyone as being intended to tell members of society
what they can or cannot do. Even strang
THE DEVELOPMENT OF AMERICAN LABOR UNIONS AND THE NATIONAL LABOR
Before we begin our journey through the chapter material, I thought it would be helpful to provide
a table that sets forth the various Federal Laws governing Labor-Management Re
Law consists of the body of principles that govern conduct and that can be enforced in courts or
by administrative agencies. The law could also be described as a multitude of rights.
Nature of Law and Legal Rights
A right is a legal capacity