“Avoid Tax Pitfalls of Aircraft Ownershipthrough an S Corporation” To get my complete articlewith all the details… Are you thinking of buying an aircraft through your S corporation? Well, before you start climbing up, up and away, be aware of three dangerous storms that may be right in front of you. Check them out and you’ll navigate those pitfalls … [Read more...]
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What Happens When You Die and Your S Corporation Owns the Rental?
“What Happens When You Dieand Your S Corporation Owns the Rental?” To get my complete articlewith all the details… Benjamin Franklin once wrote “There is nothing certain but death and taxes.” But in this article of the Tax Reduction Letter, I’ll tell you why you should see your tax advisor before you kick the bucket. Here’s the story: There are possible … [Read more...]
Avoid the Hidden Dangers of the Accumulated Earnings Penalty Tax
“Avoid the Hidden Dangers of theAccumulated Earnings Penalty Tax” To get my complete articlewith all the details… Remember how the movie Jaws starts? A young girl is swimming in the open water when a giant shark comes up out of the depths and attacks her. Shocking! Okay, it’s a bit of a reach, but the same plot is at work when it comes to the Accumulated … [Read more...]
Convert C to S Corp: Save Thousands and Avoid BIG Tax Problem
"Convert C to S Corp: Save Thousandsand Avoid BIG Tax Problem" To get my complete articlewith all the details… Did you know that you can save a whole lot of money by learning how to avoid the evil built-in gains tax; The tax that often applies when you convert your C corporation into an S corporation. Supposed you’ve decided the S corporationis your preferred … [Read more...]
Discover the Best Entity for Your Business: Use This Chart
“Which business entityis right for you? Get your free chartTo help you decide” To get my complete articlewith all the details… Are you a business owner or entrepreneur? Then you need to decide which form of business works best for you. Navigating the complex landscape of business entities can be challenging. Luckily, my detailed Entity Comparison Chart … [Read more...]