RE: Should every US Steemit blogger form an S-Corp to reduce their self employment taxes?

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Should every US Steemit blogger form an S-Corp to reduce their self employment taxes?

in business •  8 years ago  (edited)

You can probably capitalize these items in your corporation than take deprecation over the useful life of the camera. If it is a big ticket item, you will not be able to expense it all in one year.

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I'll have to look into that. More questions to ask a CPA :((