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1). How to Save Thousands with an S Corporation By : Stephen L. Nelson, CPA
How to Save Taxes with an S Corporation
Ever wondered why so many small businesses—more than 3,000,000 at last count—operate as an S corporation? Simple. An S corporation saves business owners big taxes in three separate ways:
First, as compared to regular corporations (sometimes called C corporations), S corporation owners can use the business’s losses incurred during the early lean years on the owner’s personal returns as deductions.
Article Related to: s corp, llc, s election, subchapter s, s corporation
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