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Texas

Cicada

(4,533 posts)

2. S-corp may become the most popular baby name in America.

Reply to TexasTowelie (Original post)

Wed Dec 20, 2017, 02:47 AM

Dec 2017

Twenty percent of income is tax free? The s-Corp is required to pay its owner a reasonable wage for managing it. That might cut the break to 10% since half the profit will be taxed as a wage.

Economically Dumb tax games are trending..

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Highlight:

Republican Senator Defends Tax Bill by Citing Normal Couple Who Make $15K a Year Thru Corp. Shelter [View all] TexasTowelie Dec 2017 OP

Translation: madaboutharry Dec 2017 #1

S-corp may become the most popular baby name in America. Cicada Dec 2017 #2