Why is it important to distinguish between a property settlement and alimony?

What will be an ideal response?


A property settlement does not result in income or deduction to either spouse. However, in the year received/paid alimony is taxable to the payee spouse and deductible to the payor spouse as a for AGI deduction.

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Electronic presentations, flip charts, whiteboards, and overhead transparencies are the visual means most often used to accompany presentations.

Answer the following statement true (T) or false (F)

Business

Which of the following is FALSE concerning the diverse workplace?

a. The increased number of women in the workplace has decreased the incidence of sexual harassment charges. b. Age diversity can lead to misunderstandings due to various differences in perceptions, values, and communication styles of the generations. c. People from different backgrounds invariably bring different values, attitudes, and perceptions to the workplace. d. Several generations will be required for us to learn to deal effectively with an ethnically diverse workforce.

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Explain the importance of seniority in union contracts and discuss the various ways in which seniority is used in making job-related decisions. Why is seniority preferable to other methods of making these same decisions?

What will be an ideal response?

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Which of the following would constitute a "qualifying event" under the Family and Medical Leave Act?

a. birth of a son or daughter b. a serious health condition of the employee's spouse c. placement of a son or daughter of the employee by adoption d. a and b only e. a, b & c

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