shomes74
Level 1
06-29-2023
04:53 PM
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Hi, ITO needs to integrate the option for PTET for NYS, NYC, and other states that have it.
Also, NYC for example has a flat 8.85% tax on the income of the S-Corp but a Schedule C has a lower tax in NYC. This should also be integrated into the S-Corp analysis for NYC businesses.
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