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Andi, the 100 percent owner of Andi's Day Care, a C-corporation, would like to establish a profit sharing plan. Andi's Day Care's tax year ends
Andi, the 100 percent owner of Andi's Day Care, a C-corporation, would like to establish a profit sharing plan. Andi's Day Care's tax year ends July 31 to coincide with the school year. What is the latest day Andi can establish and contribute to the plan?
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