Do Corporations Pay More or Less Tax?
What you owe in federal taxes for your newly formed or converted Minnesota S corp or C corp would depend on many things, including the size of your company, the nature of your operations and so on. The deductions and credits would also depend on your unique situation. Please read on for a brief review of what you may have to pay as a corporation. You may want to note before beginning that, though corporations may have some unique benefits, they More +