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Version du 10 novembre 2024 à 22:28
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Another angle to consider: suppose your enterprise takes a loss of revenue for the whole year. As a C Corp however no tax on the loss, however there can be no flow-through to the shareholders significantly an S Corp. The loss will not help your own tax return at entirely. A loss from an S Corp will reduce taxable income, provided there is other taxable income to cut back. If not, then there is no income tax due.
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