The tax consequences of child support are:
a. It is treated like alimony payments.
b. It is tax-neutral.
c. It is deductible to the payor.
d. The income will be equally attributed to both parents.
b
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Paralegals must be licensed in thirteen states.?
Answer the following statement true (T) or false (F)
Duties of a partner/shareholder include ________________.?
A. ?sharing in the profits B. ?sharing in the losses C. ?making monetary contributions to the business, if needed D. ?attending partnership/shareholder meetings E. ?all of the above
Answer the following statement(s) true (T) or false (F)
1. All firms agree on the style of legal bills. 2. Clients may pay their legal bills with credit cards. 3. In order to project a firm’s gross income, management must anticipate future work from new clients. 4. The style of bill used depends on the type of case and type of client. 5. Legal auditors are hired to find overbillings from law firms.
A health care proxy does not take effect until or unless the principal becomes unable to make his or her own medical decisions
a. True b. False