A Very Good Taxes - Part 1: Difference between revisions
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Revision as of 02:33, 21 September 2024
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If you add a C-Corporation with your business structure you can lessen your taxable income and therefore be qualified for any type of those deductions which is your current income is simply high. Remember, a C-Corporation is specific to it individual tax payer.
Investment: your investment grows in value just like the results are earned. For example: buy decompression equipment for $100,000. You are permitted to deduct the investment of daily life of the equipment. Let say a long time. You get to deduct $10,000 per year from your pre-tax profit, as you've made income from putting gear into software. You purchase stock. no deduction with your investment. You seek an expansion in the price of the stock purchase and a person definitely pay rrn your capital progress.
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