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If I paid taxes on say $50,000 in retained earnings am I able to deduct that $50,000 from this years retained earnings?

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  • If I paid taxes on say $50,000 in retained earnings am I able to deduct that $50,000 from this years retained earnings?


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... , but at some point in the future the taxes must be paid ... the balance sheet will show retained earnings of $50,000 ... Now let's say our earnings ...
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Positive: 82 %
... (total taxes paid ... of income taxes on any corporate earnings since ... a large say of what is on the menu. Every able body ...
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Positive: 79 %

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Business Expenses to Deduct ... The payroll tax incurred on the earnings paid to the owners of ... Sales taxes paid on supplies that are used in the ...
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Positive: 82 %
Retained Earnings 50,000. Paid-ln ... past two years and may not be able to afford ... of stockholders, unless otherwise restricted in the ...
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Positive: 77 %
S Corporation Wages and Distributions: ... for several years. In August, I paid him ... left in as retained earnings? I have paid all the taxes on a ...
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Positive: 63 %
... 75,000 Retained earnings ... Deduct: Cash dividends declared and paid in 2008 . . . . . . . . . . . . . 50,000. Retained earnings, ...
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Positive: 40 %

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