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How Llc Companies Are Taxed.?


I got a quick question about how LLC companies are taxed. Do the companies get taxed on the total income or the total profit? For example lets say
$0-50k = 15% taxes and
51k-$100k = 25% taxes to keep things simple.
Now lets say my companies sources of income are as follows for a given year.
Affiliate Income = $70,000
Product Sales = $10,000
Advertising = $5,000
So the total money that has went into the company is $85,000 for the year, but from that $70k from affiliate income the actual profit is only $20k as we give back around 70% of our affiliate income for referring users to other sites & services back to the users in form of cash and prizes.
So the actual income is $35k and lets say after fees like ( licences, maintenance, employees ect) are paid the net profit of the firm is $25,000 for the year. So do i pay 15% of 25k in taxes or 25% of 80k in taxes?

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Survey: Has Yahoo Ever Sent You An Email Telling You Not To Commit Suicide?


I just received this…
Hello,
We are writing to let you know that Yahoo! takes our users’ welfare and
the issue of suicide very seriously. We do not monitor our message
boards, but sometimes messages are brought to our attention where
suicide is being discussed. As a third party, it is always difficult for
us to assess what individuals using our service may really be thinking
or feeling, and we are not in a position to provide specific medical
referrals or other kinds of assistance. However, we urge you to enlist
help if suicide is a subject that is being seriously considered. If you
believe that you or someone you know is in immediate danger, please
contact the nearest emergency room, or call 911 for assistance.
In addition to local numbers found on the inside cover of your local
phone book, you also may want to contact one of these organizations:
* The National “YOUTH” Crisis Helpline:
1-800-999-9999
* The National Crisis Helpline:
1-800-784-2433
* The National Resource Center for Suicide Prevention and Aftercare:
1-404-256-9797
* The National Mental Health Association (330 affiliates nationwide
providing treatment referrals & services):
1-800-969-NMHA (6642)
* The Suicide Information & Education Center:
1-403-245-3900
* The National Alliance for the Mentally Ill (information and referral
services):
1-800-950-6264
Regards,
Kevin
Yahoo! Customer Care
For assistance with all Yahoo! services please visit:http://help.yahoo.com/

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