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Staple Forms Here CT 32 S Amended Return Employer Identification Number New York State Department of Taxation and Finance New Yo

Staple Forms Here CT 32 S Amended Return Employer Identification Number New York State Department of Taxation and Finance New Yo

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Video instructions and help with filling out and completing Staple Forms Here CT 32 S Amended Return Employer Identification Number New York State Department Of Taxation And Finance New York Bank S Corporation Franchise Tax Return All Filers Must Enter Tax Period Tax Law Articles 32 And 22 File

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Instructions and help about Staple Forms Here CT 32 S Amended Return Employer Identification Number New York State Department Of Taxation And Finance New York Bank S Corporation Franchise Tax Return All Filers Must Enter Tax Period Tax Law Articles 32 And 22 File

so you took my advice and when you started your business you formed a an LLC taxed as an S corporation Most states that's how it works California a little different now how do you get money out of your company see you now have two different roles you are both an employee and you're an owner so an employee gets salary so you're going to pay some salary to yourself from your S corporation but you're also an owner an owner gets a distribution now what's the significance for tax purposes salaries are subject to Social Security taxes distributions are not so any amount you can justify as a distribution no 15.3 percent 16.2 percent Social Security taxes on that distribution big tax savings

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