Why did I get taxed on money that is still in the business account? - Shorts

Very common question I get, Why did I get taxed on money that is still in the business account?
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
#IRS #smallbusiness #tax

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