I do realize all that and haven't argued otherwise. There are business and financial reasons companies choose how to be taxed. Since the Trump tax cuts, many are advising medium sized and larger businesses to select a C-Corp over an S-Corp. It all depends on the type of business, what their deductions are, etc....
Then why did you take exception to my original post that said such? Then proceed to tell me that I should "Stay at your day job. Accounting isn't it?" It seems maybe you are the one who should reevaluate your career choice. Do you contradict yourself much with your clients as well?
Without looking back, maybe I misread your post. I thought you were saying that the ransom would be paid with after tax dollars for both the corporations and the shareholders. It is not, it is a deductible expense by the corporation and paid with pre-tax dollars. If that is not what you were saying or implied, then I apologize for my response.
No, I made no mention whatsoever about the ransom. My comment was that the taxes the corporation pays is double taxed when the shareholders pay their taxes on the dividends distributed. I know full well what you are talking about. I am a forensic accountant and am involved with a legal case now involving theft which can be taken on the tax return as a casualty loss in the year discovered. I think this ransom they had to pay would fall under that category as well assuming they don't have a documentation problem with it being paid with a crypto currency.
U.S. District Judge Vyskocil: Carlson cannot be liable for his “hyperbolic rhetoric.” “Given Mr. Carlson’s reputation, any reasonable viewer ‘arrive with an appropriate amount of skepticism' about the statements he makes[.]"
I hope we all have “an appropriate amount of skepticism” about all things, especially anything that the government (controlled by human beings) does.
Maybe the Proud Boys can help....
Maybe the Proud Boys can help....
'You left us': Proud Boys leader Ethan Nordean slams Trump in expletive-laden message
"We are now and always have been on our own. So glad he was able to pardon a bunch of degenerates as his last move and s--- on us on the way out," Nordean said in an expletive-laden message about the former president. "F--- you trump you left us on [t]he battle field bloody and alone."
'You left us': Proud Boys leader Ethan Nordean slams Trump in expletive-laden message
"F--- you trump you left us on [t]he battle field bloody and alone," Proud Boys leader Ethan Nordean wrote, according to his Capitol riot case.www.usatoday.com
