Tax Rates Reflect Standard Of Living: Difference between revisions

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Revision as of 19:05, 10 September 2026


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The most widespread form of legal entity is this manufacturer. There are two basic forms, C Corp and S Corp. A C Corp pays tax in relation to its profit for 4 seasons and then any dividends paid to shareholders additionally be taxed. Hence the term double-taxation. An S Corp however works differently. The S Corp pays no tax on profits. The gain flows high on the shareholders who then pay tax on that money.

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It is simple. Even should the company is relying upon bad advice from a tax accountant or tax lawyer, if the IRS disagrees, you get a reward.

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