Use of 'Inc.' on stationery
Use of 'Inc.' on stationery
Out of context: Reply #16
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- ethanfink0
For all you freelancers:
*
* Taxation. In the United States, corporations are taxed at a lower rate than individuals. Also, they can own shares in other corporations and receive corporate dividends 80% tax-free. There are no limits on the amount of losses a corporation may carry forward to subsequent tax years. A sole proprietorship, on the other hand, cannot claim a capital loss greater than $3,000 unless the owner has offsetting capital gains.