By Pat Southern. Last updated 2011-03-29. Of the many men who led Rome, only a handful can truly be said to have profoundly and fundamentally shaped the empire's structure and direction. This gallery introduces six of the most important Roman emperors.
Tax Liability. The amount of total tax due the IRS after any credits and before taking into account any advance payments (withholding, estimated payments, etc.) made by the taxpayer.
corporation's . income tax expense (benefit) for the current year equals the amount of income taxes payable (refundable) plus (minus) the net change in the deferred tax liability (asset) during the year plus (minus) the change (if any) in the valuation allowance. Its income taxes payable equals taxable income times the current tax rate. 9.