The assets that are placed into a trust are called directives
Indicate whether the statement is true or false
FALSE
Business
You might also like to view...
A net operating loss
a. must always be carried back 2 years b. may be carried back 2 years or carried forward up to 20 years c. occurs when a company reports a net loss in their income statement d. must always be carried forward 20 years
Business
Which is (are) true regarding income tax?
A. Partnerships do not pay income tax. B. A disadvantage of corporations is double taxation. C. An S corporation does not pay taxes. D. All of these are true.
Business