Saturday, February 15, 2020
Why you cannot prepare a tax return showing these deductions unless he Assignment
Why you cannot prepare a tax return showing these deductions unless he can provide the receipts - Assignment Example The IRC Section 274 prescribes strict and specific documentation requirements for all business expenses claimed for travel purposes. Due to this prescription, the receipts will be required to fully substantiate your travel deductions (Pope, Anderson, Kramer, & Bandy, 2007). It is against the federal law to complete tax returns without the back up documents to verify the reported information. Moreover tax returns are prepared under the penalty for perjury and therefore it is equally vital to confirm all the details in the process of completing the tax returns. In view of this, i am under the standards prescribed in the IRC Section 6694, which demands that I prove the documented information before I prepare the tax returns for you. The fact that the reported figures cannot be adequately substantiated due to the absence of receipts, the benefits associated with some of these large deductions will be lost. As a matter of fact, there is a high probative value in these contemporaneous records of which it is for your own advantage that you avail them before the tax returns are
Sunday, February 2, 2020
HR Plan Essay Example | Topics and Well Written Essays - 2000 words
HR Plan - Essay Example This false gesture of making the workers feel important can motivate them to work more efficiently. Human relations (HR) theory needs also to focus on retention of skilled employees for the benefit of the organization. In order to maintain satisfaction within employees and to make the organization attractive for potential employees, management must provide them employment benefits like health benefits. In many organizations, there is a one person HR department in which a solo individual is given the responsibility of performing all aspects of human relations management. It is up to the efficiency of that person which determines how well he can face the challenges and takes advantages of the opportunities to prove himself as a strong leader (Brady, 2006, p.1). For an effective human relations management, the strategy is to learning how to balance different aspects of the departments. Working tirelessly for long hours will reduce the efficiency of the manager as he will lose focus on h is critical responsibilities. In this paper, a HR program is created for a retail business firm that sells variety of products ranging from beauty products to apparels. It has over 1,000 stores in several U.S. states with over 120,000 employees. The retail organization has set up a one person HR department, and the new HR manager has designed and initiated a program for the benefit of the employees. The next section will talk about this program. Recruitment is the ââ¬Å"process by which prospective employees are located and they are encouraged to apply for the jobâ⬠(Khurana et al., 2010, p.65). There are several internal factors that determine the recruitment and selection process in an organization. First, salary and other benefits direct affect the recruitment of efficient employees. The promise of high salary in this competitive market can attract
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