Page 7 - BUSINESS ENTITIES
P. 7
CHOOSE
Wisely
BUSINESS
ENTITY - S Corporation
TAX ADVANTAGES Tax Disadvantages
- Profits m ust be allocated to
- ONE LAYER OF TAXATION shareholder based on percentage of
- QBI DEDUCTION ownership
- NET INCOME NOT SUBJECT TO - Strict qualification requirem ents:
SE TAX num ber of shareholders, type of
shareholders, only one class of stock
Call us now: +1 (469) 910-7213 5208 Troupe Rd
https://lentcpa.com McKinney, TX 75071
