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Reasonable salary for S corporation owners (Journal of Accountancy)

Besides its single level of taxation as a passthrough entity, an advantage of an S corporation over a C corporation is that a shareholder’s share of the corporation’s net income is not considered...

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King County Waives Tax Penalty for Unreported Personal Property in Years...

The King County Department of Assessments has announced a tax amnesty for unreported personal property for tax years 2009, 2010, and 2011 through July 1st, 2012. More information can be found here...

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