Accounts
The amounts one owes another person or business
What is Accounts Payable
One operating a business using their Social security number. All earned monies become taxable income.
What is Sole-proprietor?
Beliefs about what is intrinsically worthwhile or desirable?
What are Values?
What tax schedule does a sole proprietor use for income and loss?
What is a Schedule C
What amount of gifts to clients can be written off?
What is 25?
The amounts owed to one by another person or business
What is accounts receivable
What is an independent contractor?
The relationship between a healthcare professional and a client.
What is Therapeutic Relationship
This is a Social Security and Medicare tax primarily for individuals who work for themselves. The tax get computed on Form 1040, Schedule SE
What is Self-employment Tax?
Sharing information about yourself and your services with potential and current clients so they get a sense of who you are, which allows them to make and informed choice of whether to utilize your services.
What is marketing?
Total resources of an individual or business
What is Assets
What is a LLC?
The principle that holds that a business has a responsibility to refrain from unethical behavior that may bring harm to the community.
What is social responsibility?
The creation and maintenance of client and other business-related files.
What is recordkeeping?
restrictive form of regulation, yet it provides the greatest level of public protection.
What is Licensing?
A statement of a companies assets, liabilities, and net equity as of a given point in time,
What is a balance sheet
What tax form do two people who have formed a partnership need to file?
What is a schedule K form?
A continuum of behavior from sexual impropriety to sexual violation.
What is Sexual Misconduct?
The amount of the gross profit minus operations expenses and all other expenses; also, referred to as "the Bottom line"
What is net profit?
A written document that describes in detail how a business is going to achieve its goals from a marketing, financial, and operational viewpoint.
What is business plan?
2 part question: Term for income, including services and items for sale. Term for items spent to operate business.
What is revenue?
What is expenses?
What is protection?
The taking of responsibility for one's own behavior and well-being.
What is Self-managment
Two part question:
Name a form that employees receive with wages and tax statement.
What form is given to an independent contractor
What schedule does self-employed use?
What is a W-4?
What is 1099
What is schedule C
A psychological term that refers to long-term physical or emotional exhaustion.
What is burnout?