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Sep 03 2011

For college apps, should my parents go for higher income taxes or lower income taxes?

I am an uprising senior and my parents are wondering if they should apply for higher or lower income taxes, since they own their own businesses and their income varies throughout the year unlike workers. So i guess the question is, does their income rate affect the odds of my admission into certain colleges? Should we go for a higher or lower tax rate?

This conversation was published at Accounting Services of Charlotte, NC

Aug 28 2011

How do I calculate national income from NDP?

I have a formula and it says:

NDP – indirect business taxes – business tranfers – net foreign income + other business income = National income

I don’t know if there’s a better formula, but if not, then does anyone know what “other business income” would be? And would net foreign income be equivalent to net interest? I am so lost in this class. I appreciate ANY help I can get! Thank you!

This conversation was published at Accounting Services of Charlotte, NC

Aug 19 2011

If i would like to start my own business fileing income tax returns what kind of training or schooling would?

I need to be able to do this? What options do i have? Or what kind of schools offer this type of training or degree??? Any help would be appreciated. . . .

This conversation was published at Accounting Services of Charlotte, NC

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