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Staying Out of S Corporation Tax Traps
Posted by Kristen Shepley on Mon, Aug 13, 2012 @ 09:22 AM

Four S Corp Tax Traps You Can Avoid

S corporations are a popular entity choice for closely-held businesses for a combination of reasons, including a single layer of tax and no self-employment tax on earnings. Despite the benefits of S corporations, taxpayers utilizing them should be alert to avoid falling into certain tax traps.

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Topics: Kristen Shepley, tax, S Corporation, tax trap

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