Item$13$

$1$points

Time Remaining $2$ hours $7$ minutes $9$ seconds

$02$:$07$:$09$

Item $13$

Time Remaining $2$ hours $7$ minutes $9$ seconds

$02$:$07$:$09$

Which of the following statements is not true regarding corporations and shareholders?

Multiple Choice

Dividends paid to individual shareholders are deductible business expenses.

The small business deduction provides a tax reduction on the first $$500,000$ of active business profits.

There is greater flexibility to bring family members on board as owners.

The owner$/$employee may participate in a registered pension plan through the corporation.