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All the business expenses are not allowed under a. Profit purpose b. Capital purpose c. Income tax purpose d. Accounting purpose In sole trader business

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All the business expenses are not allowed under a. Profit purpose b. Capital purpose c. Income tax purpose d. Accounting purpose In sole trader business and partnership business owners are the a. Taxpayers b. Tax collectors c. Not responsible for tax d. None of the above out of the business are not accounted under the business taxal a. Salaries b. Rent c. Donations d. All of Above is a combination of Social and Medicare taxes a. Employment tax b. Self-employment c. Income tax d. Property tax 5- One of the first items of information that must be provided on tax returns a. filing status b. tax liability c. tax paying d. taxable income

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