kcopeland Wrote:
Dec 01, 2012 1:36 AM
1st year as an S Corp- was a C Corp for 5 years. We had expansion plans in mind. Im not in danger of being hit with the tax this year. 2 things Im doing I didnt think I would: Invest in an expensive computer work system allowing for substantial increase in productivity and 2 not expanding beyond our 2 employees. IF we do our dreams and are successful, we'll cut back, defer more into additional deductible retirmement vehicles and accellerate expenses. This sucks and ironically as a realitive "start up" we were the MOST likely to start hiring. Not now. More Change is just going to be permanent ongoing structural unemployment..