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This double taxation makes C corporations the highest – taxed form of business. Double taxation does not affect S corporations, which are able to “pass through” earnings directly to shareholders without the intermediate step of paying dividends Do you want to know the forms of business ownership that cannot be subjected to double taxation? If …

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Are you wondering how you can cancel your EIN in the USA? If YES, here is a detailed process of how you can cancel your EIN. If you are changing business structure, considering closing up shop for a business or retiring and selling your corporation to another entity, you may be wondering how to cancel …

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