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Business, 07.04.2020 17:26 morgans53005

Wilma is one of five equal members of Polar, LLC. This year, Polar generates $5 million in profits. The company reinvests $4 million into the company, leaving $1 million to be divided equally among the members. How are federal income taxes paid on Polar's profits?

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Wilma is one of five equal members of Polar, LLC. This year, Polar generates $5 million in profits....

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