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Patricia is a business consultant who operates a C corporation called Minding your Business. She may be subject to an excess accumulation tax of 20%
Patricia is a business consultant who operates a C corporation called "Minding your Business". She may be subject to an excess accumulation tax of 20% on retained earnings in excess of what amount? A. $50,000 B. $100,000 C. $150,000 D. $250,000
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