Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can a corporation sole be used for reducing income tax?

April 26, 2017corporation reducing sole Used

0

Posted

Can a corporation sole be used for reducing income tax?

1 Answer

0

Posted

NO! There are a lot of promoters promoting corporation sole illegally stating that their income would be tax exempt. They are using them for tax evasion. There have been lawsuits filed and indictments made on these bogus tax scams promoters.