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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (102910)6/6/2005 1:19:42 AM
From: Peter Dierks  Read Replies (1) | Respond to of 225578
 
Sub-S gives you legal protection from liability. It files a return, and all earnings are passed through to the stock holder(s). A Sub-S corp can employ the stockholder(s). All earnings are taxed at the individual rate of the individual taxpayer(s).


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