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by mikeocool
180 days ago
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And they know when it’s right and wrong. Recently I asked Claude if I should convert my LLC to an S Corp for tax savings, and it sang the praises of how much I’d save if I did this. When asked my accoutant, he pointed out that since I live in NYC, the S corp would be taxed in such a way that would completely wipe out the tax advantage I’d get elsewhere, and I’d likely end up paying more if I did this. |
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