California Is #1…For Highest Marginal Tax Rates for S-Corps

The S-Corporation is a business structure that’s well liked by entrepreneurs. It allows for a flow-through entity, corporate protection, and (generally) favorable taxation. Of course, there are exceptions–in tax, there are always exceptions.

The Tax Foundation has this wonderful map showing marginal tax rates by states for S-Corporations:

California is also #1 for sole proprietors. Nevada, where I reside, is #42 for both…and that’s a good thing.

This entry was posted on Sunday, September 15th, 2013 at 8:41 pm and is filed under California, Nevada. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “California Is #1…For Highest Marginal Tax Rates for S-Corps”

  1. Tax Roundup, 9/16/2013: Enitity extension day! And booster club blues. « Roth & Company, P.C says:
    September 16, 2013 at 6:30 am

    […] Russ Fox,  California Is #1…For Highest Marginal Tax Rates for S-Corps […]

  2. Tax Roundup, 9/17/2013: Public pensions, floods and flamingos. « Roth & Company, P.C says:
    September 17, 2013 at 6:46 am

    […] Russ Fox,   California Is #1…For Highest Marginal Tax Rates for S-Corps […]