Describe the FICA payroll tax implications when the IRS classifies a portion of a salary payment to

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Describe the FICA payroll tax implications when the IRS classifies a portion of a salary payment to a shareholder/employee as a constructive dividend?

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Principles Of Taxation For Business And Investment Planning 2018

ISBN: 9781259713729

21st Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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Question Posted: Oct 31, 2017 02:01 AM

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When the IRS classifies a portion of a salary payment to a shareholder/employee as a constructive dividend, which party (corporation or shareholder) bears the economic burden of the tax consequences?
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Describe the FICA payroll tax implications when the IRS classifies a portion of a salary payment to

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Corporate dividends are not subject to either the em...View the full answer

Principles Of Taxation For Business And Investment Planning 2018

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