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Topic: Business
Number of pages / Number of words: 7 / 1799
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Life insurance, health insurance, medical expense reimbursement, death benefits and other employment fringe benefits which are tax deductible for other employees are taxable as income to 2%+ S corporation shareholders. The tax consequences to the each child are that they will have to pay taxes on the income they receive from the corporate earnings at the shareholders level...


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Life insurance, health insurance, medical expense reimbursement, death benefits and other employment fringe benefits which are tax deductible for other employees are taxable as income to 2%+ S corporation shareholders. The tax consequences to the each child are that they will have to pay taxes on the income they receive from the corporate earnings at the shareholders level...


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