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S Corp vs LLC ? Tax Benefits Business Articles | June 16 Nike Air Max 2019 Rebajas , 2015
Many new clients will ask me which entity structure is best for them. The primary issue in entity choice is a legal d...



Many new clients will ask me which entity structure is best for them. The primary issue in entity choice is a legal decision, which means that this is something that you should be talking to your attorney about. I cannot discuss any legal implications, not being an attorney. But I can discuss the taxation differences.


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The main problem from a taxation standpoint, is that an LLC is basically a partnership. And partnerships Comprar Nike Air Max 2019 , like sole proprietorships, are set up to pay the maximum amount of tax legally allowable by law for an active trade of business in the United States. You are required to pay both income and self employment tax on all of your income. This problem is normally most apparent to lower and middle income tax payers.


?The problem is that income and self employment taxes do not work the same way. Income taxes start at 10% and go up to 39.6% for taxpayers earning in excess of $464K on a Married Filing Joint Return. In other words it is a sliding scale, with higher income individuals paying a larger percentage.


?Self employment taxes are a flat tax of 15.3% in 2014 on the first $117,000 in self employment income. Many lower to middle income taxpayers pay more in self employment tax on their 1040’s than they do in income tax because it is not a sliding scale.


?S Corporation income is not subject to self employment tax because a corporation is never going to turn age 65 and ask for social security and medicare benefits. Stop. Take a moment. Think about that. The entity choice itself determines whether or not you will have to pay the additional 15.3% tax. That is not to say under any circumstances that if you change your entity status from an LLC to an S-Status you can get out of paying social security taxes.


The Reasonableness Test


?I could go through a lot of history on the story behind the Rev. Proc. Nike Air Max 2019 Por mayor , but it all comes down to this. The owner of a profitable S-Corp must take out a reasonable salary and pay the appropriate social security and medicare taxes. The key word here is reasonable. If you are sick or hurt and can’t work, what would it cost you to replace yourself? If you could hire a manager to do your job for $50,000 a year and you have $110,000 in earnings from your S-Corp Nike Air Max 2019 España , then you just saved payroll taxes on $60,000. You take out a $50,000 W-2 for yourself, pay the appropriate payroll tax Venta Nike Air Max , and save the payroll tax on the additional $60,000 which would be over $9,000 in savings annually.


?Again, the main decision between entity choice is a legal decision. Protecting yourself from all of the legal issues that can occur over the life of your business Nike Air Max Envío gratis , is very important. But saving money is important as well. When I sit down with a middle aged business owner and show them how they can save five or ten thousand dollars a year in payroll taxes, that means important things to them like retirement savings, college funding, or a dream vacation. It also probably means that they have a current accountant that should be replaced.


?If you have problems in the regard Nike Air Max Rebajas , please give us a call.


Further information and accounting articles can be found at


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Modern WayTo Shop For Traditional Pure Silk Sarees For Special Occasions

Posted by janardhanasilk on December 24th, 2018


We live in the modern digital era, and at the same time the 21st century is the era of women’s liberation as well. Though the women have proven their abilities in all walks of life, fashion and styling would remain the topic of their talks as every woman would love to portray the best appearance. The Indian traditional sarees have remained the preferred ethnic wear during the religious occasions Comprar Nike Air Max , festive seasons and the special events such as wedding and housewarming.


Traditional Indian Sarees Online:


From the shopping mall culture, the global marketplace has already shifted to the craze and growing trend of online shopping. The modern women can shop for Indian traditional sarees online today, as the beautiful varieties in pure silk sarees are brought at the fingertips of the buyers through the exclusive online shopping portals.


The pure silk sarees are the most preferred variety due to the incorporation of the traditional designs and the classic workmanship of the saree makers in various parts of the countries. The manufacturing technology in the textile industry has seen a great change, still the traditional designs and a blend of conventional and modern designs is at the top of the charts Nike Air Max Por mayor , as far as the sarees are concerned.


Pure Silk Sarees From Famous Indian Locations:


The South Indian city, Kanjeevaram hosts the textile industry since the period of monarchies’ rule in the region. Availability of raw materials and the culture of designing and making the finest pure silk sarees is enduring the changing times and today, even the online shopping portals take pride in offering the wide varieties in Kanjivaram silk sarees.


Traditionally, the states of Tamil Nadu & Kerala from where the designs hail Nike Air Max España , are known for the temples and beautiful stone sculptures. The influence of the culture can be seen in the kanjivaram silk offered online in the modern times as well. These are perfect outfits for weddings and other religious occasions as well. The Kanjivaram silk is also popular among the career women that work in various sectors. Apart from their zeal for. cheap air max black http://www.airmaxwholesalechina.com/ Cheap Jerseys From China Cheap Jerseys From China Cheap NFL Jerseys Wholesale NFL Jerseys Wholesale Jerseys Cheap Nike NFL Jerseys Wholesale NFL Jerseys China Cheap NFL Jerseys