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Review the following conversation:
Marcy: Dana,can I talk to you for a couple of minutes? We've been roommates for two years and I think I have a time management problem.I just don't get enough done in a day.What do you think?
Dana: Tell me more.How did you decide that you have a problem?
Marcy: I never get everything done on my to-do list.The more I get done,the more I end up adding to the list.
Dana: What would solving the problem look like to you?
Marcy: Well,I'd get everything done on my list.
Dana: Is that realistic?
Marcy: It's not,but what else am I going to do?
Dana: What else can you do that will help? Can you work with an advisor? Use a scheduling program?
This is an example of coaching.Describe the process of coaching and explain why is it important for managers to be effective coaches.
Federal Taxes
Federal Taxes are imposed by the government on income, goods, services, and activities, used to fund public services and government operations.
Schedule A
A form used in the United States tax system for itemizing allowable deductions against personal income to reduce taxable income.
Tax Rate Schedule
A chart or table that determines the amount of tax due based on income brackets, applicable to different filing statuses.
Total Income
The aggregate amount of income earned by an individual or entity from all sources before any deductions or taxes.
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