• ImplyingImplications
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    1 year ago

    You, as a company, would pay no tax. You, as an employee of your company, pay the regular amount of tax you always pay. There’s some loopholes where you as a company can provide yourself as an employee with non-taxable benefits but it seems like more hassle than it’s worth. I have family that have done this and they save very little on taxes but have to file huge complicated returns.