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Get your taxes done using TurboTax
If I was an IRS auditor there are 2 issues I could have a field day with this situation ... First is that you are not being paid a fair salary at the S-corp level as required and the fact that you are trying to fund the C-Corp with untaxed S-Corp funds.... I highly recommend you sit down with a local tax attorney to get educated on what is allowed and how to structure this venture.
‎December 12, 2019
9:31 AM