Master U.S. Business Income Taxation β Learn Gross Income, COGS, Net Income & IRS Rules with Real-World Examples
What you will learn
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Comprehensive understanding of U.S. Business Income fully aligned with the Internal Revenue Code (IRC)
Detailed breakdown of Gross Income and its components
How to calculate and account for Cost of Goods Sold (COGS)
Methods to determine Net Income accurately
Identification and treatment of Other Income source
Rules and implications of Cancellation of Debts on business income
English
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