Reggie is a self-employed taxpayer who turns 59 years old at the end of the year (2017). in 2017, his net schedule c income was $300,000. this was his only source of income. this year, reggie is considering setting up a retirement plan.

what is the maximum amount he may contribute to the self-employed plan in each of the following situations?

a. he sets up a sep ira.
b. he sets up an individual 401(k).

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:

Your family business uses a secret recipe to produce salsa and distributes it through both smaller specialty stores and chain supermarkets. the chain supermarkets have been demanding sizable discounts, but you do not want to drop your prices to the specialty stores. true or false: the robinson-patman act limits your ability to offer discounts to the chain supermarkets while leaving the price high for the smaller stores. true false