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Exploring Tax Strategies For Small Businesses: Insights Inspired By Troy Renkemeyer’s Experiences

The Startup Magazine

Limited Liability Companies (LLCs) offer flexibility, allowing owners to choose between being taxed as a sole proprietor, partnership, or corporation, each with unique implications. While simple to establish and operate, sole proprietorships meld business and personal taxes, potentially complicating tax filings.

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

YoungUpstarts

Given that reality, it is imperative for S-Corp – along with other passthrough entities, such as limited liability companies and partnerships – to carefully consider the plusses and minuses of both scenarios. Costs of Retaining Cash. Yet, in all cases, the switch to a C-Corp can have long-lasting.

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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. ” If you see here in the graphic, the LLC, which is a limited liability company, many of you are probably set up in that format. Where am I?

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