All what you need to know the wood lathe works. Woodworking And The Wood Lathe. Make A Clock With Hidden Storage. What Is a Wood Lathe? To better understand the concept, these wood turning tools of a wood lathe take a solid wood object and turn it into a symmetrical ornament, such as a table or chair leg. With the help of a wood setup, a woodworker will be able to duplicate identical wood parts, so all table or chair legs are the same.

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S corporations get same lower interest rate on refunds given to C Corporations. Court of Federal Claims has found that the lower interest rate that the IRS must pay on corporate refunds applies to S corps as well as C corporations. As a result, an S corp was entitled to .