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Puklich, P.C. - Tax Accounting Prep & Financial Services Eden Prairie, MN  

TAX PLANNING - Business Personal Service Corporation

Should I Operate a PSC?

If you operate your business as a personal service corporation (a tax definition that applies to taxpayers performing services in the fields of health, law, engineering, architecture, accounting, actuarial science, performing arts, or consulting), be aware that such corporations now pay a flat 35% on all taxable income.

We can help you decide whether to pay out all income as salaries or bonuses.

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