Having trouble figuring out what I owe on my franchise tax for a LLC. Anyone have the formula? If I’m reading right it says you owe no tax if your earnings are less than $300,000. Just wanted to check before I turn this in.
If you do not have a chartered Accountant , I recommended you get one .
I have used one for over 30 years and he has saved me a lot of money and head aches … Roy
Your reading correct. No tax under $300,000