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Latest revision as of 06:09, 1 November 2024
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Defer or postpone paying taxes. Use strategies and investment vehicles to postponed paying tax now. Don't pay today actual can pay tomorrow. Have the time use of the money. More time you can put off paying a tax they you know the use of the money on your purposes.
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Another angle to consider: suppose little takes a loss for the year. As a C Corp there exists no tax on the loss, however there can also no flow-through to the shareholders it seems an S Corp. Losing will not help individual tax return at everyone. A loss from an S Corp will reduce taxable income, provided there is other taxable income to shrink. If not, then put on weight no tax due.
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I feel this is just important: when politicians corrupt the people, they eliminate their flexibility. It is already hard enough for having a look population to get rid of corrupt people in politics. It is almost impossible for a corrupt population to go up.