if a business makes $250,000 in taxable income, that is what is left over AFTER deducting cost of goods sold, wages/benefits, property rent, equipment lease, vehicle lease, utilities, supplies, misc. overhead, and depreciation...to make $250k taxable income, a business would need to generate about $2.5 million in sales

i managed a business with $8 million in sales and we still managed to squeak under the $250k income limit by issuing fat director bonuses to the four family owners