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There are two parts involved, taxes and liability advantages. The good news is tax advantage in many because an entity taxed as an S corporation allows owners to reduce self-employment taxes (which are 15.3% down to $106,800 of earned income in 2009) on distributions of benefits. It is very important in order to a reasonable salary if you have either an S corporation or an LLC taxed as an S corp.
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Each year, there are many companies who can't locate the people who own money, assets, and property and assets. When the true owner of the aforementioned items will not be found, money or assets are turned over to their state after several years or and so. The State has to maintain your money but might use the interest.
Here's my website: https://fsquan8.cn/home.php?mod=space&uid=2077991
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