August 2004
Intermediate to advanced
656 pages
15h 28m
English
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Summary
This chapter introduced income taxes and explained how to calculate an after-tax cash-flow stream so that income taxes can be accurately accounted for in business decisions. With federal, state, and local income taxes combining to take as much as 50% of the profit from an activity, these taxes will clearly have a noticeable impact on profitability. This chapter covered the following major points:
The amounts and timings for most taxes are known in advance, so they can be handled by simply including them as expense cash-flow instances in a proposal's cash-flow stream.
Income taxes are charged against an organization's net income, not its gross revenue. You can't know how much income tax needs to be paid until you know how much profit there ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.