Difference between revisions of "Details Of 2010 Federal Income Taxes"

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Revision as of 16:15, 21 July 2025


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Another angle to consider: suppose company takes a loss of revenue for the whole year. As a C Corp to provide a no tax on the loss, however there additionally no flow-through to the shareholders would seem an S Corp. The loss will not help individual tax return at everyone. A loss from an S Corp will reduce taxable income, provided there is other taxable income to shrink. If not, then a genuine effort . no taxes due.

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