Web Apps Are Becoming Increasingly Popular

question 9

Essay

Web apps are becoming increasingly popular. Please define what a Web app is and give an example of one. Also, describe the difference between an ASP and an SaaS, including what these acronyms stand for.

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Definitions:

Income Associated

Revenue that is directly tied to specific activities or sources, such as employment, investments, or business operations.

Deductibility

The quality of an expense being allowed by tax laws to be subtracted from gross income to reduce taxable income.

Moving Expenses

Costs associated with moving for work, which may be deductible under certain conditions for tax purposes.

Pre-Move House Hunting

Expenses incurred while searching for a new residence before relocating for a job, which may be deductible or reimbursable under certain circumstances.