May a corporation deduct interest paid to the IRS on taxes owed or is it the same concept as an individual(personal interest), who may not deduct it even if attributable to Sch. C income ? Appreciate anyone's help.
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Originally posted by taxedtothemax View PostMay a corporation deduct interest paid to the IRS on taxes owed or is it the same concept as an individual(personal interest), who may not deduct it even if attributable to Sch. C income ? Appreciate anyone's help.
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