Tax burden... am I doing this right?

by a searcher from Full Sail University

3 years ago

Trying to answer a sellers counter to my LOI, and want to make sure I'm really solid on how the taxes would work since margins are getting thin. Does this read correctly? Labeled across the top for help interpreting.

3 likes
370 views
19 comments

searcher from Northwestern University - Kellogg School of Management

Following

1 month ago | like reply | 0 likes

professional from Walsh College of Accountancy and Business Administration

Not enough facts to comment, the tax rate appears to suggest a C-Corp at 21% and an estimated 5% state rate, if a passthrough, taxes may be higher. Consider hiring a tax advisor to review and comment on the tax section of your model.

8 months ago | like reply | 0 likes

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