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Author Question: Characteristics of profit-sharing plans include all of the followingwith the exception of: (Read 104 times)

audragclark

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on: Sep 13, 2020
Characteristics of profit-sharing plans include all of the following with the exception of:
◦ A predetermined formula is used to allocate employer contributions to individual employees and to establish benefit payments.
◦ Forfeitures of benefits under the plan may be reallocated to the remaining participants.
◦ The company must make contributions to the plan if it has profits during the year.
◦ Annual employer contributions are not required, but substantial, recurring contributions must be made to satisfy the requirement that the plan be permanent.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by audragclark on Sep 13, 2020

sultana.d

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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audragclark

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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