Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please see the questions below. The first part may have two responses, and please resond to A,B, and C in the follow. Pleae be as

Please see the questions below. The first part may have two responses, and please resond to A,B, and C in the follow. Pleae be as detailed as you possibly can. No couple word ansers please. I need to be able to take your help and incoporate into a paper.

Your sister is thinking about starting a Web-based business selling specialty tea to upper middle class Americans who are working outside the home for compensation. She is unsure if she also wants to open up a physical store in her current home State of Florida. If the business is to start in 3 months, what key decisions will your sister face during that period, and how might state and local taxes impact them? In addition, your sister has stated she would move to another state, if you can arrive at a valid reason for her relocation to another state.

Question 2: a. Discuss explain difference between Progressive and Regressive state tax schemes.

b. Give your opinion as whether the overall state taxing scheme in your state Florida is equitable.

c. Explain clearly why you hold this opinion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

what is the last day of tax season

Answered: 1 week ago