Get And Sign INSTRUCTIONS: FORM 2 Notice Of Termination (NOT) - Dnrec Delaware

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hello and welcome to the session this is Professor Farhad in this session we would look at schedule m2 and m3 of form 1120 we already looked at schedule m1 this topic is covered in ink in a corporate income tax course the CPA exam regulation section as well as the enrolled agent exam as always I would like to remind you my viewers to connect with me on a professional level you can connect with me on LinkedIn if you don't have a LinkedIn account you should start a LinkedIn account you will be able to network with other professional and grow your connection if you are a Facebook user you can like my Facebook page you surely want to subscribe to my YouTube like my videos if you like them share them put them in playlists thank you very much please do so that's very important for me I do have a Twitter account and I have a website on my website I always try to get you CP ideal so if you go to my website now I do have a CPA deal that's from Becker and this is unprecedent right now Becker as

FAQ

• The company I work for is taking taxes out of my paycheck but has not asked me to complete any paperwork or fill out any forms since day one. How are they paying taxes without my SSN?

  WHOA! You may have a BIG problem. When you started, are you certain you did not fill in a W-4 form? Are you certain that your employer doesn’t have your SS#? If that’s the case, I would be alarmed. Do you have paycheck stubs showing how they calculated your withholding? ( BTW you are entitled to those under the law, and if you are not receiving them, I would demand them….)If your employer is just giving you random checks with no calculation of your wages and withholdings, you have a rogue employer. They probably aren’t payin in what they purport to withhold from you.

• Which areas are considered part of Yonkers when applying for a job in NY state? I noticed there's a separate tax form to fill out where you check off if you presently live in Yonkers or not. Are Tuckahoe and/or Crestwood included?

  Crestwood IS a neighborhood in the city of Yonkers. Tuckahoe is NOT. Tuckahoe is a village in the town of Eastchester. Tuckahoe Road however is a street in Yonkers. It does not run through any other municipality. Another way for you to tell if you live in the city of Yonkers is if Mayor Mike Spano is your mayor. If he is, you are a resident of Yonkers.

• How much will a doctor with a physical disability and annual net income of around Rs. 2.8 lakhs pay in income tax? Which ITR form is to be filled out?

  For disability a deduction of ₹75,000/- is available u/s 80U.Rebate u/s87AFor AY 17–18, rebate was ₹5,000/- or income tax which ever is lower for person with income less than ₹5,00,000/-For AY 18–19, rebate is ₹2,500/- or income tax whichever is lower for person with income less than 3,50,000/-So, for an income of 2.8 lakhs, taxable income after deduction u/s 80U will remain ₹2,05,000/- which is below the slab rate and hence will not be taxable for any of the above said AY.For ITR,If doctor is practicing himself i.e. He has a professional income than ITR 4 should be filedIf doctor is getting any salary than ITR 1 should be filed.:)

• How do I deal with this?I got a new job and I found out that I am replacing someone who got terminated. Worse of all, he was supposed to give me training.He has not approached me, how do I ask him to train me because this is my manager’s instruction?

  This doesn't sound right to me. Fired? Really terminated? Isn't all that handled thru HR?I know they call the person into HR, an HR rep then informs him/her that they've been terminated. Everything is ready and waiting for the person. If there are personal tools, tool box or any other personal items left in desk or in the shop floor the supervisor escorts the terminated employee to the workstation, the stuff is collected the terminated employee is escorted to his /her vehicle. The employee is done.There can't be any risk of the employee flipping out and damaging anything, especially if they have access to any data systems.And then there's the risk of other employees taunting the terminated person.When a person is fired, which includes being laid off, all training issues are set aside. Even if the circumstances are pleasant.Why would anyone be ecstatic about training the new person to take over their general responsibilities - after having been laid off? Too much hard feeling.This doesn't seem right. And your manager is shirking responsibilities.EDIT: The supervisor may escort the employee to the parking lot but should have a second employee or security guard along for obvious reasons.

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