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Who is the most affluent group in the US?

The most affluent group in the US is typically the upper class, which includes individuals and families with significant wealth and high levels of income. This group often consists of business owners, executives, and investors who have accumulated substantial financial resources.


What business has the most six figure income earners?

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Is it true the most common source of income is a business owner?

false


Why is the operating earnings subtotal included in most income statements?

Operating income is the income generated by business with basic business activity that's why everybody interested in that amount more than anybody else.


What are the educational requirements for executives in the banking industry?

Most study business administration or earn a degree with a major in business administration. Any college degree plus a master of business administration or a law degree are excellent preparation


Which business is the most growing now a days?

look at income... telecomunications,energy..


How can you save income tax on your business?

As it is a income tax, the most straightforward way is to reduce your income. Invest some of it into expanding your business and finish all pending payments. However, given that a company needs to show temporal income growth, a reasonable share of income still has to be taxed.


Which business sector has the most opportunity for profit for entrepreneurs?

Read the blog second online income & choose the business sector has the most opportunity for profit for entrepreneurs


Profit of a business?

The profit of a business equals all income (of all types) less all epenses paid by the business gives you the net profit of the business. Most businesses produce a Profit & Loss Statement which will provide the net profit after income and expenses. http://taxresolutionaires.blogspot.com


How Should I Form My Business?

Most small businesses are formed as sole proprietorships. The benefits of sole proprietorship are its simplicity and the reality that business income is treated the same as personal income for tax functions. A big disadvantage is that you, the business owner, assume personal liability for the functions of the business.


Where can you find a free sample business plan for a wooden door manufacturing business?

The Service Corps of Retired Executives (Score) provides business plan templates that are useful for most types of businesses. Also, check out the Microsoft template galleries for other free sample business plans.


In my tax return do I give my total net income or total gross income?

Most of your income is taxable on the gross income level. Some items are excluded from taxable gross income (such as pretax deductions from your paycheck for child care or medical expenses). Wage earners will enter the income in box 1 of their Form W-2 which is their taxable gross income. Other types of income are taxable at the net income level. If you have your own business, you can deduct business expenses from your gross income before adding the net income to your tax return. If you own a partnership, business expenses are deducted from gross income.