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Showing 1 post tagged regulatory compliance.
Deciding whether to make an election for an S corporation
Posted In Closely Held Businesses
Kentucky business owners will often form a corporate or other business entity due to tax considerations. Without this formation income and tax expenses can end up on one's Schedule C for the personal tax return. The problem with a Schedule C is that this sort of tax return is one that may trigger an audit by the IRS. More >
