Tax Rates Reflect Lifestyle: Difference between revisions
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Revision as of 22:05, 7 October 2026
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Another angle to consider: suppose your enterprise takes a loss for 12 months. As a C Corp as a no tax on the loss, however there additionally no flow-through to the shareholders would seem an S Corp. Losing will not help your personal personal tax return at nearly all. A loss from an S Corp will reduce taxable income, provided there is other taxable income to scale back. If not, then tend to be : no income tax due.
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