New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


S corp tax rate

Asked by: Patrick  — 31 October, 2012

What is the tax rate for S corporations?

Answered by: admin  — 31 October, 2012


S-corporations generally do not pay income tax themselves. Rather all the earnings and profits from the S-corporation flow through to the individual owners who pay income taxes based on their individual tax rates.

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