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Exactly. You could pull in sometimes 250-500K as a consulting company, specially if you outsource some aspects of projects. S-Corp is ideal for that.
by bravo22 12y ago
Exactly. You could pull in sometimes 250-500K as a consulting company, specially if you outsource some aspects of projects. S-Corp is ideal for that.
- tptacek 12y agoThe FICA cap is 115k.
- cullenking 12y agoThe SS side of FICA is 115k. Medicare has no limit and is at 1.45%