Let’s Talk About Business Taxes for the 2018 tax year

C CORPORATION INCOME TAX § Taxable income of a C corporation: taxed a flat rate of 21% QUALIFIED PERSONAL SERVICE CORPORATION TAX § Taxable income of a qualified personal service corporation is no longer subject to tax at a flat rate of 35%, but is taxed at the regular corporate tax rate of 21% ACCUMULATED EARNINGS TAX […]

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