S corporations are a flow-through entity for tax purposes. They have a unique business structure that allows them to be a useful mechanism in business tax planning. For example, avoidance of self-employment tax, favorable tax laws in some states and various accounting techniques help reduce costs while maintaining the additional tax advantages of owning a business.
S corporation tax strategy
Posted by Moneycation under TaxesFrom http://www.moneycation.com 3443 days ago
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