Are dividends an expense? Dividends are profits from a company that is usually distributed to shareholders as a return on the investments made in the company. They are derived from…
How S-Corporations are taxed The term "S corporation" is an acronym that means a "small business corporation" An S corporation is a closely held corporation or, in some cases, a…
A tax bracket is the tax group, with a particular income tax rate, that a taxpayer falls into as a result of the amount of income they earn. The tax…