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If the amounts are reasonable,salary payments to shareholder-employees can reduce or avoid the double tax result of a C corporation.
Knowledge
Information, understanding, or skill that one gets from experience or education.
Skills
Skills refer to the abilities and knowledge that an individual acquires through experience and education, enabling them to perform certain tasks effectively.
Leisure Time
Free time not taken up by work or essential tasks, often spent relaxing or engaging in recreational activities.
Tools
Instruments or software used to perform a task or achieve an objective more effectively.
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Q71: A profit-related activity of an exempt organization
Q155: State income tax expense