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You clearly know nothing. SSN is 15% for an S corp

Posted on: April 26, 2017 at 13:04:09 CT
RHAYWORTH MU
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and then you start paying taxes.

The main reason to create an s corp, is to deduct travel expenses, pay for health care pre tax.

In short, you do it to pay for the benefits that employee's get pre tax, just with your own corp doing it.
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MESSAGE THREAD

live tax plan announcement - SuperTone MU - 4/26 12:45:22
     A good start, but a long way to go (nm) - ummmm MU - 4/26 13:36:35
          Eliminate taxation for the wealthy is not the ummmm - MrBlueSky MU - 4/26 13:39:59
               Eliminate any and all taxation is the ummmm plan. (nm) - ummmm MU - 4/26 13:43:08
                    Then this is not a good start in that many Americans - MrBlueSky MU - 4/26 13:44:10
                         Eliminating the death tax is a good start. - ummmm MU - 4/26 13:48:23
                              RE: Eliminating the death tax is a good start. - MrBlueSky MU - 4/26 13:49:12
                                   I disagree with those brackets. They should be - ummmm MU - 4/26 13:51:47
     "the big one" - meatiger MU - 4/26 13:19:56
     MO' deficit...rich get richer..dumba$$es - JayHoaxH8r MU - 4/26 13:19:13
          hey its the liberal pretending to be a libertarian(nm) - MizSecZou MU - 4/26 13:23:10
     AMT to be eliminated.(nm) - SuperTone MU - 4/26 13:06:50
     These cuts will explode our deficit (nm) - MrBlueSky MU - 4/26 12:58:09
          No they may be a tax increase to some(nm) - DevilsAdvocate MU - 4/26 13:18:03
          who cares? nobody cared the last 8 years, why should - 90Tiger MU - 4/26 13:09:18
               History has shown - meatiger MU - 4/26 13:30:41
          lol, since when do you have a concern about that? - SuperTone MU - 4/26 13:00:12
               I've always been concerned about this - MrBlueSky MU - 4/26 13:02:11
                    lol yeah, very vocal about the deficit - in that you sill - 90Tiger MU - 4/26 13:10:13
                    You just flat out lying now.... - SuperTone MU - 4/26 13:02:39
     Very few estates impacted by federal law. States are problem - Mo Texan MU - 4/26 12:56:35
     Tax cuts =/= "tax reform" - molon labe KC - 4/26 12:51:51
     eliminating all deduections other than mortgage interest - SuperTone MU - 4/26 12:49:08
          So no Schedule A?(nm) - DevilsAdvocate MU - 4/26 13:10:08
          This includes local/state deductions - MrBlueSky MU - 4/26 12:50:49
               not really. The new standard deduction is massive.(nm) - SuperTone MU - 4/26 12:51:43
                    Depends how many kids you have(nm) - DevilsAdvocate MU - 4/26 13:01:16
                         have you seen the new standard deduction?(nm) - SuperTone MU - 4/26 13:01:43
                              Yes but aren't they getting rid of exemptions?(nm) - DevilsAdvocate MU - 4/26 13:02:24
                                   I didn't hear anything about exemptions but i tuned - SuperTone MU - 4/26 13:03:19
                    Tax cuts, by themselves, don't work... - molon labe KC - 4/26 12:56:45
                         incorrect. You are assuming all are the same. - SuperTone MU - 4/26 12:59:22
                              No - catbirdseat MU - 4/26 13:00:22
                                   no they won't. They still pay over seas - SuperTone MU - 4/26 13:01:26
     Lowering top individual rate and top capital gains rate - MrBlueSky MU - 4/26 12:48:39
          Those are fine. what is wrong with them? eliminate all - SuperTone MU - 4/26 12:49:55
               These things are all going to benefit the top earners (nm) - MrBlueSky MU - 4/26 12:50:34
                    they benefit me too and i'm not a top earner. - SuperTone MU - 4/26 12:52:17
                         I invest plenty and have for years - MrBlueSky MU - 4/26 12:54:24
                              capital gains apply to everyone who sells an investment - SuperTone MU - 4/26 12:54:54
                                   The capital gains rate is being lowered at the top end - MrBlueSky MU - 4/26 12:55:45
                         he would need to become an "earner" first* - MizSecZou MU - 4/26 12:53:27
     corporate tax simplification also a big point.(nm) - SuperTone MU - 4/26 12:48:07
          I can't wait to start an S corporation so I can get taxed at - MrBlueSky MU - 4/26 12:49:05
               You clearly know nothing. SSN is 15% for an S corp - RHAYWORTH MU - 4/26 13:04:09
               Yep, - catbirdseat MU - 4/26 12:55:51
               you should do everything you can to limit how much you pay - SuperTone MU - 4/26 12:53:14
                    he already does.. he doesnt work for starters(nm) - MizSecZou MU - 4/26 12:57:21




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