Posted 3/13/2014 18:26 (#3751906 - in reply to #3751818) Subject: First questions is----- why an S? What was the objective?
Oskaloosa, Iowa 52577
All too many structures ------- sole proprietorships thru C corps------- are set up willy nilly...........mostly by those who have no more tax knowledge than how to fill out a tax form, mostly correctly.
Be advised that there is.....again..... a push in Congress to subject the entire earnings of an S to self employment taxes.