Question 100Which of the following statements about the taxation of a self-employed entrepreneur is correct?To....
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Question Which of the following statements about the taxation of a selfemployed entrepreneur is correct?To Any income to the business is treated as income to the business ownerB. It may be possible to defer income and therefore tax to a different tax yearC. They are not required to make quarterly payments of the estimated tax liability, either to the state or the federal governmentD. Income earned from a selfemployed business is not subject to income and selfemployment tax
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Which of the following statements about the taxation of a selfemployed entrepreneur is correct?
To Any income to the business is treated as income to the business ownerB. It may be possible to defer income and therefore tax to a different tax yearC. They are not required to make quarterly payments of the estimated tax liability, either to the state or the federal governmentD. Income earned from a selfemployed business is not subject to income and selfemployment tax
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