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Lost Profits Recoverable Where No Net Profit?  For Professional Corporations, Yes.

Lost Profits Recoverable Where No Net Profit? For Professional Corporations, Yes.

by Michael D. Furlong | Mar 9, 2018 | Damages

It is no secret that corporations often try to reduce their tax liability by redirecting revenue taken in toward paying highly compensated employees. This allows the corporation to deduct the salaries as an expense and thus show less taxable net profit.  But how does...

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