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Old 04-20-2008, 05:34 PM  
MikeSmoke
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Join Date: Nov 2002
Location: SoCal
Posts: 3,241
Quote:
Originally Posted by slapass View Post
my sig implies a different life... but I still have some extra. Not sure what the tax rate is on C-corp but maybe I could take a lot less salary and use the c-corp to invest.
It's 15% on the first 50K (obviously, your salary doesn't count in the 50K - that's a corporate expense) - and if you find places to "spend" the rest, getting under 50K isn't impossible.

Disclaimer: not an accountant, etc.
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