Ask Question
BusinessBusiness
21 January, 11:28

Tax-deferred retirement plans are a type of: A. exemption. B. itemized deduction. C. passive income. D. tax shelter.

+2
Answers (1)
  1. 21 January, 14:24
    0
    The correct option is D. Tax shelter is a type of financial arrangement which main purpose is to minimize or avoid tax. It is a legal means of cutting short one's tax liability. Tax shelter can come in diverse forms. It may come in form of using one's money to invest in a particular area so that one will be able to claim tax reduction.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Tax-deferred retirement plans are a type of: A. exemption. B. itemized deduction. C. passive income. D. tax shelter. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is this simple interest of a loan for $1000 with 5% interest after three years
Answers (1)
1. According to the Keynesian-cross analysis, if MPC stands for marginal propensity to consume, then a rise in taxes of  T will: a. decrease equilibrium income by  T. b. decrease equilibrium income by  T / (1 - MPC). c.
Answers (1)
explain why the percentage of poeple with $300,000 or more increase so substantially across the age groups
Answers (1)
Most contracts are discharged by fulfilling conditions precedent
Answers (1)
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 235.00 Variable expense per unit $ 99.
Answers (1)
New Questions in Business
What is the main difference between a personal characteristic and a skill?
Answers (2)
Commercial paper isa.) loans made by commercial banks b.) loans made by the federal reserve bank to its members c.) a corporations short term notes d.) a corporations long term notes
Answers (1)
During the past 5 years, harvey has held several jobs, and each has provided him with a wealth of experience as a residential electrician. he now wants a stable job doing electrical work for a large organization.
Answers (1)
When a research project includes the collection of biological samples, all planned future uses of the samples, identifiers, and the data obtained from the samples, must be fully explained to the research subject. a. True. b. False.
Answers (1)
What is demand? The amount of something consumers want The amount of producers it takes to make a product The amount of something available to consumers The amount of a product that consumers asked producers to make
Answers (1)
Home » Business » Tax-deferred retirement plans are a type of: A. exemption. B. itemized deduction. C. passive income. D. tax shelter.
Sign Up Forgot Password?