OT- Contractor

[Yanni Chiu]

Chris F.A. Johnson wrote:
> On Mon, 21 Jun 2010, Yanni Chiu wrote:
> 
>> Where there is a saving is that costs incurred to earn the revenue
>> can be deducted by a corporation, but not an individual.
> 
>    Business costs can be deducted by an individual. (I've been doing
>    it for 40 years.)

Right. I should have said that a different set of deductions is 
available to corporations vs. individuals, which may offer tax advantages.
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