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Do the profits from a corporation that files a 1120 form transfer to the shareholders with a K-1?

By Roni Lynn Deutch

Opinions expressed by Entrepreneur contributors are their own.

Roni Deutch is known as "The Tax Lady" for a reason: She has two decades of practical experience resolving IRS tax problems and preparing taxes for taxpayers nationwide. Consequently, she has become a well-known media personality and one of the few go-to tax experts in the country. She is the founder and owner of the nation's largest tax resolution law firm, Roni Deutch, A Professional Tax Corp.

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