Twoply 0 #1 January 9, 2007 If and when I want to sell my little business, I wonder how much of it will get eaten up by taxes. I've cold called and built the accounts, installed the equiptment and have been servicing them for ayear or so. If I sell it off, what should I be expecting to lose to taxes? Aside from the equipment, it's all just profit from getting it all going. Thanks as always guys Mike Quote Share this post Link to post Share on other sites
NWFlyer 2 #2 January 9, 2007 About $137.45"There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences." -P.J. O'Rourke Quote Share this post Link to post Share on other sites
SansSuit 1 #3 January 10, 2007 QuoteAbout $137.45 Check again, I believe you are using last years tables.Peace, -Dawson. http://www.SansSuit.com The Society for the Advancement of Naked Skydiving Quote Share this post Link to post Share on other sites
Twoply 0 #4 January 10, 2007 Percentages people. I was talking about percentages. Quote Share this post Link to post Share on other sites
willard 0 #5 January 10, 2007 QuotePercentages people. I was talking about percentages. 137.45%.. Geez, didn't you take math in school? Quote Share this post Link to post Share on other sites
Twoply 0 #6 January 10, 2007 (rolls his eyes) Quote Share this post Link to post Share on other sites
popsjumper 2 #7 January 10, 2007 First there's the raw shrimp tax and then there's the grilled shrimp tax and you have the fried shrimp tax and the.....My reality and yours are quite different. I think we're all Bozos on this bus. Falcon5232, SCS8170, SCSA353, POPS9398, DS239 Quote Share this post Link to post Share on other sites
Twoply 0 #8 January 10, 2007 (reads the latest post, quietly takes another swig from the mason's jar, loads another round in the 12 gauge, and whispers to himself "Fuckers...") Quote Share this post Link to post Share on other sites
BIGUN 1,490 #9 January 10, 2007 http://www.inc.com/resources/tax/articles/20060901/colombik.htmlNobody has time to listen; because they're desperately chasing the need of being heard. Quote Share this post Link to post Share on other sites