If you are a doctor or business owner, let us help you with a business structure and financial strategy to reduce your income taxes. C-corporations enjoy their own graduated rates. The first $50,000 of taxable income in the C-corporation is taxed at a 15 percent federal rate versus the top marginal rate of the shareholder (currentlyContinue reading “C-corporations for doctors and high net income clients to help reduce income taxes”
Tag Archives: Section 79
C corporation for the practice, structure for max savings and min taxes
C corporation can be the right choice for many small entities because of the deductions it allows. A C corporation enjoys a full deduction for the cost of employees (including owner employees) health insurance, group term life insurance up to $50k per employee and even long-term care premiums without regard to age-based limitations. A CContinue reading “C corporation for the practice, structure for max savings and min taxes”