Question
Susan Boyle is the owner of a piano tuning business. As a sole proprietor, any profit she earns is Group of answer choices taxed only
Susan Boyle is the owner of a piano tuning business. As a sole proprietor, any profit she earns is
Group of answer choices
taxed only when she withdraws the money from a bank.
treated as personal income of Susan Boyle.
tax free.
taxed twice, once as a business and then taxed again as Susan Boyle's income.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
