Re: How do corp not pay taxes?
An S corp is very nice.
You take your income subtract your expenses(make some up also) and you get your net profit.
That amount goes to your individual tax return but doesn't get hit with SelfEmployment tax. a huge savings.
The one caveat however is that you should take a payroll from your Scorp in the amount of about %25 of your net profit. This should keep the IRS off your back.
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