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Replying to Avatar Satoshi Pacioli Accounting

The Perks of an S-Corporation πŸŽ‰

S-Corps have some awesome benefits:

βœ… Tax Savings: Only taxed at the owner level, not the biz level.

βœ… Lower Self-Employment Taxes: Pay yourself a salary, take the rest as tax-free distributions.

βœ… Liability Protection: Keeps your personal assets safe.

βœ… Extra Tax Deductions: Like up to 20% off qualified biz income (QBI).

Sounds like a win all around, right?

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Nostr Gang 1y ago

What’s the catch? lol

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