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Yes that could happen.

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Q: Do you pay more taxes if you incorporate?
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Related questions

What did the populists party argue for?

They wanted the rich / upper class man to pay more taxes.


How can childcare vouchers affect your taxes?

Childcare vouchers can affect your taxes by making you pay more. You usually have to pay more taxes because the government is covering childcare for you.


Should rich people pay more taxes?

yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay


Do I have to pay more in taxes to lease my property out for commercial or residential use?

You should not have to pay more taxes on the property but you will be paying more taxes on the people using the property. The property is going to be the same because they go by the land value and that is how they figure out your taxes.


Do single women have to pay more taxes?

Single women do have to pay more in taxes compared to married couples, however, dating women do as well. Only in the case of living with a partner are taxes lowered.


Does Hillary Clinton believe you pay to much for taxes?

No she wants you to pay more.


Do police officers pay taxes?

Yes, everyone pays taxes. Occupation has nothing to do with taxes except the amount you earn in pay. Taxes, state and federal, are taken out of everyone's pay check each month and once a year all of us fill out a tax form to pay more. Plus, we all pay gas taxes, property taxes, car taxes, and taxes when we buy an item in a store.


What is mitt Romneys goal?

He is making it to where millionaires don't have to pay as much taxes. Which means middle class has to pay more taxes.


Do working seniors over 65 have to pay FICA?

Yes, working seniors over 65 are still required to pay FICA (Federal Insurance Contributions Act) taxes on their earnings. These taxes fund Social Security and Medicare programs.


The different type of taxes citizens pay?

There is Income taxes, sales taxes, property taxes and school taxes but probably much more than that.


Do you have to pay inherit taxes on money willed to you in NC?

If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.


How can you avoid taxes?

if you go to Dubai then you wont have to pay taxes instead you gain more money