minus-squaresherbear0508OPBtoSmall Business@indiehackers.space•Nervous about starting contract work - advice neededlinkfedilinkEnglisharrow-up1·1 year agoWouldn’t I actually benefit on taxes because small businesses only get taxed 12% while personal taxes is around 30%? Technically I could leave money in the corporation and get taxed minimally … so isn’t that a plus? linkfedilink
sherbear0508B to Small Business@indiehackers.spaceEnglish · 1 year agoNervous about starting contract work - advice neededplus-squaremessage-squaremessage-square3fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1message-squareNervous about starting contract work - advice neededplus-squaresherbear0508B to Small Business@indiehackers.spaceEnglish · 1 year agomessage-square3fedilink
Wouldn’t I actually benefit on taxes because small businesses only get taxed 12% while personal taxes is around 30%?
Technically I could leave money in the corporation and get taxed minimally … so isn’t that a plus?