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Taxing Matters: Navigating Property Management Taxes with Ease

NARPM Radio

CHAPTER

The Differences Between a C Corp and an S Corp

A C Corp, if you form a corporation based on the federal tax laws, that corporation is a entity separate from yourself and it's taxed separately than yourself. A C Corp does not issue a K one to its owners. The biggest tax advantage of an S Corp is that profits after you pay yourself what's called a reasonable salary are not subject to 15% self employment tax.

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