You'd be surprised.
http://smallbusiness.chron.com/list-corp...58478.html
Note that even this article only mentions "depreciation" in regard to automobiles but the fact is that a business can depreciate any piece of equipment it buys and claim a deduction.
Then there is the Sub-Chapter S scam which is a whole different kettle of fish.
http://smallbusiness.chron.com/list-corp...58478.html
Quote:One of the advantages of structuring and operating your small business as a corporation is the significantly higher number of tax deductions you can take. With a sole proprietorship or general partnership, you deduct expenses on Schedule C of Form 1040. With a corporation, you complete Form 1120 or 1120S.
Note that even this article only mentions "depreciation" in regard to automobiles but the fact is that a business can depreciate any piece of equipment it buys and claim a deduction.
Then there is the Sub-Chapter S scam which is a whole different kettle of fish.
