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One of these ways is to take advantage of tax breaks.
Theres also pass-through taxation.
This allows these entities to avoid double taxation on corporate income, per theIRS.
According to Sutton, you’re able to deduct expenses from business-related seminars.
These expenses can include registration, meals, lodging and transportation costs.
Corporations can also deduct industry-related magazine subscriptions, memberships to professional organizations, and testing and licensing fees.
This is not included in gross income.
Invest In Real Estate
Investing in real estate comes with a list of tax benefits.
you’re able to deduct expenses directly related to the operation, management and maintenance of the property.
Tax experts can help you position yourself correctly to take full advantage of every tax break available to you.
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