Business, 24.07.2019 07:00, damianb25

In most llcs, members elect taxation and pay the business' income taxes on their own income tax returns.

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Business, 05.07.2019 17:30, SynysterWxlf661

What does double taxation mean? sole proprietorships and partnerships pay both personal income taxes and business income taxes. for-profit businesses must pay both income taxes and property taxes. nonprofit organizations are exempt from paying either income taxes or property taxes. corporations pay income taxes on their profits, and stockholders pay taxes on their dividends.

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Mathematics, 20.07.2019 01:00, DojaCat

Calculate the taxes based on the following taxable income amounts i really need on this fast ! i need the estimated taxes for each problem at the bottom is the table needed. 1) income of 90,714.00 2) income of 63,036.00 3) income of 220,596.00 4) income of 166,904.00 5) income of 220,770.00 6) income of 97,266.00 7) income of 207,264.00 8) income of 479,956.00 9) income of 511,195.00 10) income of 511,104.00 11) income of 212,817.00 12) income of 435,045.00 13) income of 655,952.00 14) income of 739,334.00 15) income of 322,335.00 income range taxes from to tax rate. plus 0.00 8,925.00 10.0%. 8925.00 36,250.00 15.0% 892.50 36,250.00 87,850.00 25.0% 5,437.50 87,850.00 183,250.00 28.0% 21,962.50 183,250.00 398,350.00 33.0% 51,310.00 398,350.00 400,000.00 35.0%. 131,455.50 400,000.000 - 39.6%. 140.000.00

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Business, 09.09.2019 19:10, 817527

Which of the following statements is correct? a. small businesses that qualify under the tax code can elect not to pay corporate taxes, but then their owners must report their pro rata shares of the firm's income as personal income and pay taxes on that income. b. all corporations other than non-profit corporations are subject to corporate income taxes, which are 15% for the lowest amounts of income and 35% for the highest amounts of income. c. congress recently changed the tax laws to make dividend income received by individuals exempt from income taxes. prior to the enactment of that law, corporate income was subject to double taxation, where the firm was first taxed on the income and stockholders were taxed again on the income when it was paid to them as dividends. d. the income of certain small corporations that qualify under the tax code is completely exempt from corporate income taxes. thus, the federal government receives no tax revenue from these businesses.

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Law, 30.09.2019 22:30, bfredfred1737

1. which of the following is an s corporation permitted to do? a. have an unlimited number of shareholders b. own subsidiaries c. pay fica taxes on salaries only d. issue multiple forms of stock 2. s corporations are most appropriate for entrepreneurs who prefer which of the following? a. to sell unlimited stock to raise money for the business b. to choose whether or not to use the double taxation method c. to have international shareholders d.to be taxed as if they were sole proprietors or partners 3. after a c corporation is formed, what must happen for it to become an s corporation? a. the company must reach a specific earnings level b. the company must elect a special tax status with the irs c. the company must be certified as a financial institution d. the company must choose a board of directors and give all decision-making powers to a president 4. limited liability corporations can not do which of the following? a. utilize the benefits of stock ownership and sales b. determine if the members want to manage themselves or have a manager with authority over them c. have foreign investors d. choose whether or not to use the double taxation method 5. which of the following accurately describes double taxation? a. corporate income taxes are paid at the federal and state levels b. corporate income taxes are paid on profits and on stockholders’ personal income on dividends c. corporate income taxes are paid for an amount which is double the company’s profits d. corporate income taxes are paid twice each year

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