In 2018, X Company’s revenue was $193,500, its total variable costs were $125,775, and its fixed costs were $85,800. In 2019, the relationship between revenue and variable costs will not change, but fixed costs will decrease by $16,302. Assuming a tax rate of 40%, what will revenue have to be in order for X Company to earn $37,000 after taxes in 2019?

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Please help me with my homework for accounting. Thank you.

In 2018 , Wilma Way’s sole proprietorship , WW Bookstore , generated $120, 000 net profit . In addition , Wilma recognized a $17, 000 gainon the sale of business furniture and shelving , all of which was recaptured as ordinary income . The business checking account earned$960 interest income .a . Which of these income items are subject to self- employment tax ?b. Compute Wilma’s 2018 self- employment tax .c. Compute Wilma’s allowable Section 199 A deduction , assuming $43, 000 of W – 2 wages and $90, 000 unadjusted basis of tangibledepreciable property .d. Compute Wilma’s 2018 taxable income from her bookstore activity .@ Answer is not complete .Complete this question by entering your answers in the tabs below .Required ARequired ERequired [Required [Compute Wilma’s 2018 Self-Employment tax . ( Round your answer to the nearest whole dollar amount ."Self- employment tax$ 129, 483 03

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In 2018, the VPD received a complaint from the Union of BC Indian Chiefs (UBCIC) and the BC Civil Liberties Association (BCCLA) that police officer street checks in Vancouver appeared to be discriminatory against Indigenous and Black persons. See the link to the VPD’s response to the complaint. In Ontrario, complaints against street checks led the previous provincial government to vastly curtail how and when street checks of persons could be permitted. In light of a dramatic increase in violent crime in Ontario, and a new conservative government, this is now being re-considered.

Are street checks should be authorized, are they are a valuable investigative tool, or do they lead to discrimination against certain segments of the population?

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. In 2018, its first year of operations, Kimble Corp. has a $900,000 net operating loss when the tax rate is 21%. In 2019, Kimble has $250,000 taxable income and the tax rate remains at 21%.

Assume the management of Kimble Corp. thinks that it is more likely than not that the benefit of the loss carryforward WILL be realized.

What are the entries in 2018 to record the tax effect of the loss carryforward?

What entries would be made in 2019 to record the current and deferred income taxes and to

recognize the loss carryforward? PLEASE do not answer this using an Allowance account because the company thinks they WILL realize the loss carryforward. There should be no Allowance account, or so I believe anyway.

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In 2017, Motley Fool reported that the U.S. Government spends about $2.7 trillion for various kinds of social insurance (Social Security, Medicaid and Medicare, unemployment compensation, veterans’ benefits, and the like). Please click here to view their report. 

In addition, another $604 billion, or 15.3% of total spending, went for national defense; net interest payments on government debt were about $240 billion, or 6.1%. Education aid and related social services were about $114 billion, or less than 3% of all federal spending. Despite the services and benefits that the government provides, many taxpayers dread paying income taxes while considering them a necessary evil. Consequently, there is much debate about the inequities contained within the tax code, due to tax shelters and tax credits provided to some taxpayers (which thereby increase the tax burden on others). 

Using the Internet or Strayer University Online Library (which can be accessed at https://research.strayer.edu), identify and research one country and compare that country’s tax model (or lack thereof) to the tax model of the United States. 

Write a four to five (4-5) page paper in which you:

1. Analyze the way in which the country you have researched provides services and benefits to its citizens, either through the collection of taxes or otherwise.
2. For the country that you have chosen, determine whether the U.S. could adopt their taxation model without reducing its total amount of revenue (as currently generated by collecting income taxes from individuals and businesses). 
3. Justify your response.Suggest at least two (2) advantages and two (2) disadvantages of the U.S. adopting the system that the other country uses. Provide a rationale for your responses.
4. Speculate on the primary way in which the Federal Government could make up any shortfalls if it does not collect its targeted revenue from the collection of taxes.
5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and similar websites do not quality as academic resources. 

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