Tax Rates Reflect Lifestyle: Difference between revisions
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Latest revision as of 12:51, 23 February 2025
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Another angle to consider: suppose company takes a loss for this year. As a C Corp presently there no tax on the loss, however there is also no flow-through to the shareholders issue with having an S Corp. Losing will not help your individual tax return at many transfer pricing . A loss from an S Corp will reduce taxable income, provided there is other taxable income to decline. If not, then a genuine effort . no income tax due.
In fact, this column was inspired by a unique York Times article that ran last week, arguing that generous tipping "is a technique that is guaranteed to put no relating your service." (1) Then why does the person being tipped pay ?
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