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Note: The writer is actually a CPA or tax technician. This article is for general information purposes, and really should not be construed as tax professional guidance. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation.

If you add a C-Corporation meant for business structure you can cut your taxable income and therefore be qualified for some deductions where your current income is too high. Remember, a C-Corporation is a individual taxpayer.

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