I am not a CPA. So if I say anything wrong, hopefully other people can correct me.
The deductions refer to things such as meals. For example, when you take your clients out, you can deduct those expenses on a corporate return (with restrictions, of course). You cannot deduct those on a personal income tax return.
Also, you can limit your liabilities when you set up a corporate structure, such as an LLC.
As far as the salary, I think you can hire people to work for you and then give them a W-2 or 1099. So you get to hire people in your family. There is no way to do this when you file a personal income tax return
The deductions refer to things such as meals. For example, when you take your clients out, you can deduct those expenses on a corporate return (with restrictions, of course). You cannot deduct those on a personal income tax return.
Also, you can limit your liabilities when you set up a corporate structure, such as an LLC.
As far as the salary, I think you can hire people to work for you and then give them a W-2 or 1099. So you get to hire people in your family. There is no way to do this when you file a personal income tax return
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