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Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need.  They could be looking for an answer to a nagging question.  They might be looking for help in completing an important task.  For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent.  While he already has samples provided by his friends, he still feels something lacking in his resume.  Specifically, the he believes that his professional objective statement lacks focus and clarity. 

Thus, he sought our assistance in improving editing and proofreading his resume. 

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness.  In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Chapter 7 Quiz

Navigation   » List of Schools  »  Glendale Community College  »  Accounting  »  Accounting 150 – Principles of Income Taxation  »  Fall 2021  »  Chapter 7 Quiz

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Below are the questions for the exam with the choices of answers:

Question #1
Which of the following is a true statement as it pertains to the 20 percent deduction for qualified business income?
A  The deduction is subject to a taxable income limitation.
B  Generally, service businesses are not eligible for the deduction (unless the taxpayer’s income is below a threshold amount).
C  All of the choices are true.
D  The deduction applies to income from a partnership, S corporation or sole proprietorship.
E  The deduction is subject to a wage limitation.
Question #2
Deductible medical expenses generally include payments for nonprescription medicine.
A  FALSE
B  TRUE
Question #3
Which of the following taxes will not qualify as an itemized deduction?
A  Foreign income taxes paid this year.
B  None of the choices qualifies as an itemized deduction.
C  Personal property taxes assessed on the value of specific property.
D  Gasoline taxes on personal travel.
E  State income taxes withheld from salary.
Question #4
The deduction for cash charitable contributions is limited to twenty-five percent of the taxpayer’s AGI whereas casualty losses on personal assets are only deductible to the extent the losses exceed ten percent of the taxpayer’s AGI.
A  FALSE
B  TRUE
Question #5
Which of the following is a true statement?
A  Deductible medical expenses do not include long-term care services for disabled spouses and dependents.
B  A taxpayer can deduct medical expenses incurred for a qualified relative even if the relative does not meet the gross income test.
C  All of the choices are true.
D  A taxpayer cannot deduct medical expenses incurred for others unless they are members of his immediate family.
E  Deductible medical expenses typically include botox treatments and other cosmetic procedures incurred to enhance a taxpayer’s appearance.
Question #6
An individual who is eligible to be claimed as a dependent on another’s return may not claim a standard deduction.
A  FALSE
B  TRUE
Question #7
Taxpayers traveling for the primary purpose of receiving essential and deductible medical care can deduct the cost of travel.
A  TRUE
B  FALSE
Question #8
The itemized deduction for taxes includes all types of federal taxes.
A  TRUE
B  FALSE
Question #9
Unreimbursed employee business expenses and hobby expenses are generally nondeductible.
A  TRUE
B  FALSE
Question #10
Which of the following is a true statement?
A  A taxpayer’s standard deduction varies based on her medical expenses and charitable contributions.
B  Bunching itemized deductions is an example of tax planning by income shifting.
C  A taxpayer’s standard deduction amount may vary with her age.
D  None of the choices is true.
E  The standard deduction requires all taxpayers to substantiate and collect information regarding itemized deductions.
Question #11
Which of the following is a true statement?
A  None of the choices is true.
B  Taxpayers may only deduct interest on up to $750,000 of acquisition indebtedness incurred before December 15, 2017.
C  Interest on home-equity debt up to $1,000,000 is deductible, even if the loan proceeds are used to buy a new car.
D  Taxpayers may deduct interest on up to $1,000,000 of acquisition indebtedness incurred before December 15, 2017.
E  The deduction for investment interest expense is not subject to limitation.
Question #12
The objective of the medical expense deduction is to reduce the after-tax cost of medical treatment for all taxpayers, even for those taxpayers with little medical expense.
A  TRUE
B  FALSE
Question #13
Curly donated inventory (ordinary income property) to a University. He purchased the inventory seven months ago for $10,000, and on the date of the gift, it had a fair market value of $2,000. What is his maximum charitable contribution deduction for this donation if his AGI is $80,000?
A  $10,000 if the university sells the inventory
B  $2,000
C  $40,000
D  None of the choices is true.
E  $18,000
Question #14
Bunching itemized deductions is one form of tax avoidance.
A  TRUE
B  FALSE
Question #15
Which of the following is a true statement?
A  The deduction of cash contributions to public charities is limited to 60 percent of AGI.
B  The deduction of capital gain property to private nonoperating foundations is limited to 50 percent of AGI.
C  None of the choices is true.
D  The deduction of cash contributions to private nonoperating foundations is limited to 40 percent of AGI.
E  The deduction of capital gain property to public charities is limited to 20 percent of AGI.
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“Many thanks for the killer business plan we worked on.  You guys are angels sent to me.  Congratulations to the team for a job well done. I hope you help more entrepreneurs like me grow their businesses.  I will surely bring some clients your way!”

Christian S.
SaaS Business Founder

“Thanks for all your help in bringing my website back to life. You are life savers.  With your help, I now have a more thorough understanding of my target audience.  I wish I had met your earlier, I could have saved tons of work hours.”

Tyra
Blogger

“We can never be thankful enough iwritegigs.com for helping us with our business.  We have been hesitating for years hiring a professional writer thinking it was only an extra cost to our business.  It has been a pleasure working with you.” 

Linda
Start Up Founder

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush
Fresh Graduate
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