Reply #82: what flows through to my 1040 is what puts me well over the top [View All]

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and also allows me to reinvest much of that back into the company and my employees. we are a service organization. we are 35 people strong. i pay 100% health ins...provide retirement accounts for my employees...have graduated vacation time that starts at 3 weeks and goes up to 6.

my company has allowed me to quit my previous job and focus on this full time and it has grown dramatically in less than a year.

and i am like many other s-corps. i know there are a lot of 'one man band' s-corps out there. the taxes wouldn't affect them. if you think a 90% tax on earnings over say $250K won't hinder growth...you are nuts.

sP