 Income tax 2022-2023, small business, how to pay income tax. Let's do some wealth preservation with some tax preparation. Most of this information comes from the tax guide for small business, for individuals who use Schedule C, Publication 334, tax year 2022, you can find on the IRS website, irs.gov, irs.gov. Looking at the income tax formula, we're focused online, one that being income. Remember, in the first half of the income tax formula is in essence an income statement, although it's just the outline, the scaffolding, other forms and schedules feeding into it. When we think about line one, we're focused primarily on the Schedule C, another schedule which is in essence an income statement for a business having income minus expenses, which we can think of as business deductions getting to the net income that flows into this top line of...