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Write a short note on developing native applications.
Estimated Payment
Payments made to cover taxes on income not subject to withholding, like earnings from self-employment, often paid quarterly to avoid underpayment penalties.
Subchapter S Corporation
A Subchapter S Corporation is a form of corporation that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.
Corporate Net Income
The amount of profit a company has earned during a specific period after all expenses, taxes, and costs have been subtracted from total revenue.
Proportionate Share
A portion or percentage of an entity or amount that corresponds to an individual's part in the whole.
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