IRS delays $600 reporting requirement

[69 Post Sedan]

"55 Corporations Paid $0 in Federal Taxes on 2020 Profits"

https://itep.org/55-profitable-corpo...corporate-tax/

Now, I know that they do pay some taxes one way or another but there are too many loopholes that need to be shored up to stop the shenanigans……legal or not!

Kurt

[TMagda]

Originally Posted by 69 Post Sedan

"55 Corporations Paid $0 in Federal Taxes on 2020 Profits"

https://itep.org/55-profitable-corpo...corporate-tax/

Now, I know that they do pay some taxes one way or another but there are too many loopholes that need to be shored up to stop the shenanigans……legal or not!

Kurt

Loophole and shenanigans are more commonly referred to as tax law and tax planning if you do not work in the media. Deferral and avoidance are not the same thing.