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Revision as of 20:06, 21 August 2026


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Another angle to consider: suppose little business takes a loss of profits for the year just passed. As a C Corp however no tax on the loss, however there can be no flow-through to the shareholders as with an S Corp. The loss will not help your personal personal tax return at the whole. A loss from an S Corp will reduce taxable income, provided there is other taxable income to overcome. If not, then tend to be : no taxes due.

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