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Oct 22, 2024
12:32:32pm
Hawk Talons Truly Addicted User
How much do S-Corps truly pay in tax? Should I set aside 30% of revenues?
Starting a new S-Corp. I've always paid my taxes as an independent contractor or W-2 employee.

I will still have 1099 income in another business, but will also have S-Corp revenue that I will report on my individual return.

So, the question is: how much should I set aside for taxes? 25%, 30%? Less?

Let me know your thoughts CB.
Hawk Talons
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Zach
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Hawk Talons
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Oct 22, 2024
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