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#408 S-Corps & Saving Taxes In 2023.

Main Street Business

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How Do I Pay Less Tax Every Year in My Business?

If you have a business, main hustle or side hustle, you should have an S Corp. You're going to start taking a salary from the S Corp and also get to take profits. By letting us split up the income into two different types, we get a pick and say, oh, profit over here. Don't pay self-employment tax.

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