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    Looking for Loan payback tax help
    Hi all. We are about to purchase a business, actually 2, that are S corps. we were looking at the 401k robs, and are getting scared of that. so, to fund the business, we have available, a home equity line and will either use a sba loan or a loan from a family.

    my question is, since we will keep the same s corps by name, tax id, etc., where does the loan payment come in to play, before or after taxes? So, for the sba loan/family member loan, are the payments made as a business expense and thus before a w-2 paycheck to us from the business. The same question about the home equity loan we are using to purchase the business.

    So, if we must pay back both loans as expenses to us, the employees, then we will end up losing a lot of money in the process between taxes on the income and adding about $15,000 we'll lose in ACA insurance premiums.

    If we are able to pay back both loans or at least one loan from the business, we can use any extra profit towards the loan to keep our lower income and keep our ACA premium assistance, plus pay more back since we won't be paying uncle same taxes.


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    I agree with you. The casino is the best way of having money. I hope that site https://rocketpayz.com/roulette-online-paypal/ will a good example. Thanks.


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    Last edited by AlexanderMetcalf; 04-19-2019 at 12:01 PM.
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    Howzit Guys? Friends, I`m here cause I believe that you know something about real money slots syndicate casino online. Do any of you know if*they had a max cashout on their no deposit free spins? I got 10 spins, won 2 euro, and now with 400 Euros left after wagering... Got 2 x1000 wins on $0.20 bet. And now I wanna know, can I withdraw everything that wagering is done? Thanks in advance guys for all your thoughts and comments.


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    Hello, why all of you are that much again loans? When it comes to a casino, you support such a risky idea. It is Luck, and you can lose everything you have. If you have some money, I advise you to start trading on the e-market. E-coins like bitcoin or ripple are the future of the trading stock system in general. You can go, for example to https://primexbt.com and register an anonymous free account in 40 seconds and start trading having not so much money. But do not open transactions on significant pledges (for example, on the whole statement) - rationally distribute funds following the chosen strategy. And moreover, do not try to develop fraudulent schemes using financial leverage - you will incur enormous losses.


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    Wow, the taxes are really making our lives difficult. However, it is our obligation to the government. - Steven C Wyer


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    To get money for a new thing, I made a loan. I have a list of lending companies with the best cash loan services in my country, it is convenient there to find a microfinance oragnization you need with good loan offers. Here https://cariscompany.com/cash-loans-in-an-hour/ you can quickly read information about what these companies, their loan offers, lending ratings, and it's all on one site.


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    PetsHoods admins are pet lovers. In “PetsHoods.com,” you can see the whole information. Which, we got From our personal experience and some details. About Us, We collect from authentic sites like Wikipedia.


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    PetsHoods admins are pet lovers. In “PetsHoods.com,” you can see the whole information. Which, we got From our personal experience and some details. About Us, We collect from authentic sites like Wikipedia.


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