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To cut your taxes, make your spouse a business partner

June 16, 2018

Are you running your business as a sole proprietorship or S corporation?

Then I’ve got important news for you…

Thanks to recent tax reform, a properly structured spousal partnership can actually serve as a better choice of business structure.

If you want to learn how adding your spouse as a partner in business can significantly cut your taxes, read my new article titled Tax Tips: Reduce Your Taxes: Make Your Spouse a Business Partner!

Three ways our fact-filled article can help you:

  1. We’ll show you how this money-saving strategy works. There are four steps you’ll need to follow. We’ll explain them fully. (Good news! Your spouse doesn’t have to participate in the business.) You’ll get all the facts when you read the full after-tax-reform article.
  2. We’ll explain the numerous tax benefits available. For starters, your spouse’s income is free from self-employment tax. And both you and your spouse still qualify for the new pass-through income deduction under Section 199A. You’ll get all the details when you read the full after-tax-reform article.
  3. We’ll warn you about potential issues. Luckily, they are not terribly serious and you can easily avoid problems if you know how the law works. We’ll keep you on Uncle Sam’s good side when you read the full article.

Filed Under: Husband and wife business, Legislation, Self-employment Tax, Spouse, Tax Planning

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