Looking to save on your income taxes this year - and next year, and next, and next?
Incorporate! Two-thirds of large corporations in the US avoid high corporate income taxes (among the highest among affluent societies) by simply not paying them! Think of the savings!
Why, if a couple earning $65,000 in joint wages were instead to file as a major corporation, their federal tax burden could be reduced from $8800 to $0 - almost 100% savings!
It's all according to the golden rule.
ReplyDeleteThose who have the gold, make the rules.