The Loophole Tax Service Inc. has accumulated earnings of $135,000 and current earnings of $60,000. If the
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The Loophole Tax Service Inc. has accumulated earnings of $135,000 and current earnings of $60,000. If the dividends- paid deduction is $8,500 and reasonable business needs amount to $160,000, what is the accumulated earnings credit?
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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