U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Business
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-29-2018, 06:33 PM
Status: "Signing off due to heavy handed mods" (set 25 days ago)
 
728 posts, read 377,134 times
Reputation: 1145

Advertisements

Quote:
Originally Posted by Mattks View Post
They are taxed differently then income tax, at a lower rate then income tax. Corporate tax rates are much lower then income tax rates.

Rather then just saying incorrect, feel free to add any corrections necessary.
You’re wrong and your post is misleading. They can be 2 - 2.5x the personal income tax rate.

Last edited by COcheesehead; 11-29-2018 at 07:10 PM..
Reply With Quote Quick reply to this message

 
Old 12-06-2018, 12:51 PM
 
5,276 posts, read 2,207,673 times
Reputation: 15978
If my biz is earning anywhere in five figures and above, there's no way I wouldn't be incorporated. The choice of structure depends on a lot of factors. I'm lucky that my wife is a CPA, so she makes pretty good recommendations for me.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Business
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. | Please obey Forum Rules | Terms of Use and Privacy Policy

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top