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Old 09-04-2007, 07:24 AM
xxThe_Lebowskixx xxThe_Lebowskixx is offline
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Join Date: Aug 2006
Location: Indeed.
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Default Re: Let\'s build a business.

adsman's bar thread

http://forumserver.twoplustwo.com/showfl...ue#Post11722348

"The reason for this is that the plan now calls for $543,108 in capital, but some of my assumptions are off."

Holy [censored]! Regardless of the outcome, I think its cool that you have the balls to make such a huge investment.

How do taxes work with this type of business investment? If you make $100K in profits the first fiscal year, how much will you pay to the IRS? How does your initial investment come into play in terms of taxes? Have you researched this aspect of it? If anyone has any links or an explanation, that would be cool.
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