Taxes are normally paid on net cash received during the year. Net income on a financial statement is not necessarily cash received, it's just what you legally earned during the year whether you were paid in 2022 or not. This is a topic covered in intermediate accounting.

For example, suppose you get paid every two weeks and your last paycheck this year falls on Friday, 12/23. You will work the last week of December and not receive payment for it until 2023.

If you were to prepare a "corporate" financial statement your net income would include that final week because you earned the money in 2022, but you don't pay tax on it for a full year because you didn't receive the money until later. It takes multiple years for the two measures of income to line up due to timing differences like this.

Lots of these alarmist clickbait titles completely ignore similar distinctions. Another one that gets people riled up is that professional sports leagues are nonprofits. Actually, they generally are - they collect tons of money and immediately turn around and pay it out to their member teams, leaving the league with just enough to run the front office and next to no profit if any at all. The teams are the ones that make the profit and pay the taxes, not the league.