The Benefit from Home business.

[Team_Global]

What kind of Benefit you can get from your home business?

The tax? How much tax can be reduced ?

Thanks

 

[Michael Wechsler]

Originally posted by Team Global:
What kind of Benefit you can get from your home business?

The tax? How much tax can be reduced ?

Not sure what you mean. You can "reduce" the tax paid by C corporations by creating an "S" corporation, a small corporation where the corporation isn't taxed separately from the owners being taxed. The owners and corporation are taxed only once.