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  #23  
Old 03-26-2014, 11:20 AM
whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
Quote:
Originally Posted by Boreas View Post
I said some have no employees, Whell. This is especially true for sub-s. My point is that sole proprietorships and sub-s corps are fairly insignificant as "job creators".

John
Really? The IRS's own estimates that there are around 4.5 million sub - S corps out there. That seems pretty significant to me. And since this is really about the tax impact on sub -S corps, this number would not take into account LLC's that opt to pay taxes under sub - S rules. That jacks the number up even higher. Again, seems pretty significant to me.
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