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Q. What is Taxpayer Identification Number?
Taxpayer Identification Number (TIN) - Any taxable entity or other individual that is required to file a return, statement or any other kind of document with IRS should indicate his (or its) taxpayer identification number. For an individual, social security number is used and if you don't have a social security number, IRS will assign you a TIN. A federal or employer ID number is assigned to other types of entities and will use that as their TIN.
Wes and Donna were the only members of an LLC, and they fended off unwated takeover suitors with a clause in the charter that shares could change hands only with unanimous approval
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Ken, a resident, is a handyman who contracts with people to do a variety of jobs including repairing fences, fixing household items and small painting jobs. As part of this work, K
The Madison Restaurant was formed a S corporation at the end of last year. Bob Buron, owns 60% of the stock, manages the restaurant. Ray Huges owns the remaining 40%
The XYZ Corporation has total earnings of $20 million and decides to pay its stockholders a dividend of $8 million. If the corporate tax rate is 30% and the personal tax rate on in
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Suppose there is a negative externality associated with the production of aluminum due to the pollution it creates. Is the market quantity of aluminum efficient? Is there a deadwe
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presumptive tax is one way of enforcing compliance with the tax requirements.you are required to define presumptive tax and give examples of situations where presumptive tax is app
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