Quote:
Originally Posted by savedfrommyspokes
Incorporating as an s-corp will greatly reduce this tax rate.
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Based on what I've read this would seem to be where the legislation in Washington is headed. That said, after reading several articles I'm unsure how sole props, LLCs (Sole Member), and 1065 partnerships would be impacted? Perhaps maybe there is a CPA on here who would kindly provide their $.02?