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fastpathguru

02/25/12 1:08 AM

#108123 RE: fastpathguru #108122

OTOH, if a corporation STB's, shareholders aren't liable for corporate debt.



"S**ts the bed"

fpg
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Elmer Phud

02/25/12 11:10 AM

#108125 RE: fastpathguru #108122

That's the cost of isolating corporate assets from the owners.

No it's not. It's double taxation.

Your argument falls flat on it's face.
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smooth2o

02/26/12 9:21 AM

#108136 RE: fastpathguru #108122

Not exactly right. In an S corp you pay taxes on your salary, then any other monies in the corporation are your without tax. You still get your personal assets protected.

Smooth