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Archives for January 2021

What’s Taxable to an S Corporation Shareholder?

January 21, 2021 by admin

What’s Taxable to an S Corporation Shareholder?

S corporation shareholders have an added reason to worry about their company’s annual performance: It has a direct impact on their own income taxes. How It Works Unlike a regular C corporation, an S corporation usually doesn’t pay federal income taxes itself. Instead, each shareholder is allocated a portion of the corporate income, loss, deductions, […]

Filed Under: Business Tax

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