Compensation - Although dividends are mostly all taxed at a lower rate of tax than ordinary income, why would the IRS ever challenge salaries and call them "disguised divedends"?
Excessive Compensation - How does the IRS know when someone's compensation is "excessive"?
Carried interests - The IRS has been trying to tax carried interests as ordinary income for many years now. Chuck Grassley, a Republican!!!, has been spearheading the movement to tax these distributions as ordinary income. Why?
What is a carried interest and why do some claim that it is ordinary income?
Please answer all the questions with your typing on your computer.