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Revision as of 17:37, 21 September 2024

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With a C-Corporation in place, you can use its lower tax rates. A C-Corporation starts at a 15% tax rate. Circumstance your tax bracket is higher than 15%, will certainly be saving on significant difference. Plus, your C-Corporation can supply for specific employee benefits that perform most optimally in this structure.

In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% income tax bracket and accelerating some in the changes passed in the 2001 EGTRRA.

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