Difference between revisions of "Don t Panic If Taxes Department Raids You"
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Revision as of 15:05, 30 August 2025
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Another angle to consider: suppose your small takes a loss of revenue for 12 months. As a C Corp presently there no tax on the loss, however there transfer pricing one other no flow-through to the shareholders issue with having an S Corp. Losing will not help your own tax return at almost all. A loss from an S Corp will reduce taxable income, provided there is other taxable income to overcome. If not, then a genuine effort . no income tax due.
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