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Originally Posted by venus
incorporate in nevada and you wont have to pay federal taxes on what the s-corp makes.
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Not true. You don't save money incorporating in NV if you're an S corp unless you personally live in NV. A C corp will save money though.
Every situation is different. Find a good CPA/Tax attorney before making decisions that affect your bottom line. My CPA saved me about $20K in taxes the first year I hired him. They are worth it
