Mike Is a Self-Employed TV Technician

question 107

Essay

Mike is a self-employed TV technician.He is usually paid as soon as he completes repairs,but occasionally bills a customer with payment expected within 30 days.At the end of the year he has $2,500 of receivables outstanding.He expects to collect $1,200 of this and write off the remainder.Mike is a cash basis taxpayer and had net earnings from his business (not including the effect of the items above)of $55,000.He also had $3,500 interest income,$200 gambling winnings,and sold corporate stock for $7,000.The stock had been purchased in 2008 for $8,200.Mike is single,has no dependents,and claims the standard deduction.What is his 2011 taxable income? (Ignore the self-employment tax deduction.)

Analyze the effectiveness and scientific basis of various psychotherapeutic techniques.

Identify and describe various methods and concepts associated with different types of therapy.

Recognize the potential sources of harm in psychotherapy and the importance of ethical practice.

Understand the considerations and cautions associated with taking medications for psychological disorders.

---

Definitions:

Governmental Powers

The authority granted to government bodies to enact laws, administer justice, and implement public policies.

Constitutional Limitations

Constraints placed on governmental power by a constitution, designed to protect the rights and liberties of the populace.

Charter of Rights

A formal document listing the rights and freedoms guaranteed to all citizens of a country or jurisdiction, often protected by law.

Parliamentary Supremacy

A principle of UK constitutional law stating that Parliament has the supreme legal authority to create or end any law, generally without any legal limit.