Congress recently enacted a nonrefundable credit based on the cost of qualifying alcohol and drug abuse counseling programs provided by any corporate employer to its employees. the credit is limited to 50 percent of the total cost of the program. if a corporation elects the credit, none of the program costs are allowed as a deduction. any credit in excess of current year tax may not be carried back or forward to another year. tmm corporation spent $80,000 for a qualifying counseling program this year.

if tmm has $500,000 taxable income before consideration of this expense, should it elect the credit or deduct the program’s cost as an ordinary business expense?

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

i think the answer is a. science center.

answer about 4-5 percent of the labor force is unemployed;