Subchapter S Corporation. Choice of Business Entity; Formation of a LLC, Corporation, S Corporation and General Partnership
 IRSTax Compromise Levy Audits
Ronald J. Cappuccio, J.D., LL.M.(Tax) Counsellor at Law
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Suite 128
Cherry Hill, New Jersey 08002 USA
(856) 665-2121
Fax (856) 665-9005
E-mail: Ron@TaxEsq.com
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The best form of business entity for your business is an "S" Corporation. S corporations have the corporate advantage of limited liability, and are still a pass-through entity for tax purposes. Where the ower of the business nets less than the maximum social security (self-employment) tax limitation amount, and S Corporation can be used to save on FICA taxes (15.3%)

Click here for an explanation of S Corprations

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