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Tag: s corp

Taxation & Business Specialist | Melbourne, Florida

S Corp Shareholding

Whether you run an S Corporation or choose to invest in one, it is essential to keep a few key considerations in mind. The tax benefits gained from an S Corporation versus a C Corporation are crucial, and two main reasons for electing S Status are: Avoid double taxation on distributions Allow corporate losses to…
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The Benefits of an S Corp

An S Corp is the correct choice. Save money on taxes by setting up your small business as an S Corporation. While C Corporations may be required to pay taxes at both the corporate and individual levels, an S Corp avoids this double taxation. Business profits are also not subject to self-employment tax in an…
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