Uptin - Corporate Tax Rates

Thomas Massie on corporate tax rates and capitalism

Before electing S corporation tax treatment, you must ensure that the tax benefits outweigh the costs. Filing an 1120S typically costs between $1,200 and $2,000, so electing S-Corp status is generally worth considering when your business has around $50,000 in net taxable income. #Business UCAMA240827_SF02 | Uplevel Entrepreneur

Thinking about a Corporation?

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