3 ms·
Question: this last year I paid software developers to create a new product, spent $1,000,000 on their wages, then I turned around and sold that software produc
by surfman 3y ago
Question: this last year I paid software developers to create a new product, spent $1,000,000 on their wages, then I turned around and sold that software product for $1,000,000. I made no profit on this product. How much federal taxes would I owe based on this new tax rule?