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With New 21 Percent Corporate Tax Rate, S-Corps Are Taking A Second Look At C-Corp Status

YoungUpstarts

A second limitation to the deduction comes in having to factor in the shareholders’ taxable income, less their capital gain income, multiplied by 20 percent. The alternative limitation allows you to add 25 percent of W-2 income, plus 2.5

Dividend 157
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Do Nonprofit Organizations Need to Pay Taxes?

Board Effect

Do nonprofits pay taxes on capital gains on donations? If there’s any doubt, it’s time to get a financial specialist or CPA involved to avoid problems with the IRS or the tax-exempt status. This is just one of many reasons BoardEffect designed a board management system that has unlimited cloud storage.

CPA 59
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5 Critical Tips to Reduce Your Business Taxes This Year [WEBINAR]

Up and Running

Earlier this month I hosted Ryan Clower, a CPA from the accounting firm M. I am a CPA, down here certified in the great state of Texas and really just stoked to be here. That’s a little more complicated, because there can be dividends, interest or capital gains, and there’s different tax rates for those.

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