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Latest revision as of 18:17, 22 September 2024

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Another angle to consider: suppose your enterprise takes a loss of revenue for 12 months. As a C Corp is actually an no tax on the loss, however there additionally be no flow-through to the shareholders issue with having an S Corp. Losing will not help your personal tax return at all. A loss from an S Corp will reduce taxable income, provided there is other taxable income to shrink. If not, then an incredibly real no income tax due.

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