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#408 S-Corps & Saving Taxes In 2023.

Main Street Business

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The S Corp Tax Strategy for Small Business

S corporation is a number one business entity for small business. Joe Biden used this strategy and saved hundreds of thousands of dollars in this tax, not tens or hundreds of thousands on the strategy. Don't be too hasty to just make an S selection in a partnership. You don't get to take those ancillary write-offs and push other income into CESC Corp.

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