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S Corporations Should Be Jaded That 1202 Only Applies To C Corporations

Por: Forbes Business March 17, 2023

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The magical application of Section 1202 for C corporation shareholders seems too good to be true, with millions of tax dollars being saved. However, after the significant corporate tax rate reduction passed in the Tax Cuts and Jobs Act, many S corporation shareholders are wondering why they are still being excluded from this worthwhile benefit. A stack of cash and a stack of pennies on a scale.getty Section 1202 was enacted in 1993 and excludes... + full article



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