In the United States, regular corporate entities must pay federal income tax on annual earnings, and upon the subsequent distribution of these earnings, individual shareholders receiving dividends must pay tax as well. Some corporations (usually those that do not offer shares on a public exchange) may seek to avoid duplicate levels of taxation by organizing […]
Are you ready for tax time? With the April 15th tax filing deadline looming, the first tax season under the new tax law has introduced some changes that may affect your financial plans. Whether you are still trying to get your tax information organized to meet this year’s income tax filing deadline or using this […]
There are numerous planning vehicles available to minimize federal taxation using best legal practices. A good tax attorney is of utmost value in providing the technical advice and guidance that corporations and businesses need to optimize their tax strategy.
When planning for corporate taxes, you’re always going to want to consider which tax credits are available to you. Get corporate tax planning ideas with help from a lifelong educator who truly believes that knowledge is power in this free video clip. Source: Corporate Tax Planning Ideas | Chron.com
Most people make estate planning gifts near the end of the year, but the beginning of the year is a better time to make gifts. Fewer than 1% of estates will be taxable under current law, so most of us don’t need to make gifts to reduce estate and gift taxes. But there are good […]
Merry Christmas from the Law Offices of Barry L. Gardiner.
One tax strategy to minimize, or avoid, federal estate and gift tax is to distribute your property incrementally, as gifts during your lifetime.