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Neo
03-19-2004, 01:50 PM
I'd love someone to break down all the tax boundaries on earnings/turnover. At what point do the different levels kick in. Can anyone offer a nice simple table?

LiamW
03-21-2004, 01:56 PM
I'd love to see a table like that as well.

hw15
04-06-2006, 05:14 PM
Is this what you are looking for?

2003 Corporate Rates

15% - $0 to $50,000
25% - $50,001 to $75,000
34% - $75,001 to $100,000

The IRS may limit the amount of money your corporation can retain, and usually you can keep a total of $250,000 of "accumulated earnings" in the business at any one time.