tailieunhanh - LOOPHOLES OFTHE RICH How the Rich Legally Make More Money & Pay Less Tax phần 9

C Tổng công ty, kể từ khi họ lên kế hoạch để làm giàu, họ đã hình dung họ cần một công ty C cũng. Tuy nhiên, chỉ cần mua những gì những người giàu có sẽ không làm cho bạn giàu. Quá trình Chúng tôi lần đầu tiên đã đi qua các chi tiết của James và kinh doanh ba tuổi Cheryl. | 246 TAX LOOPHOLES STRATEGY SUCCESS STORIES C corporations and since they planned to be rich they figured they needed a C corporation as well. However simply buying what the rich have won t make you rich. The Process We first went through the details of James and Cheryl s three-year-old business. They had just begun to make good money with their marketing consulting business. James and Cheryl provided services from the office space that they rented. The income was still a little uncertain. But we did discover a number of hidden business deductions that reduced their taxable income by 20 000. At their 28 percent tax rate this provided a tax savings of 5 600. James and Cheryl had operated as a sole proprietorship and so paid self-employment tax on their 150 000 taxable income. As joint owners both had self-employment tax. This added an additional 22 950 in taxes. Our first plan was to form an LLC which elected to be taxed as an S corporation. The LLC gave James and Cheryl protection of the assets of the business by providing charging order protection. This meant that any judgment that came as a result of their personal assets or actions could not go against their business. The Benefit James and Cheryl paid 17 000 less in tax with this new system. They were happy even though they still wanted to know how they could eventually have a C corporation. Future Plans The next step for James and Cheryl was to buy a building for their business. Their plan was to take a distribution to make the down payment. James and Cheryl would hold the building in a separate LLC that would elect partnership taxation. The S corporation would pay rent which was deductible for the S corporation to their LLC. Their LLC would then have income in the form of rent that could be offset by depreciation. If we created a passive loss from the LLC for James and Cheryl they would likely not be able to deduct it against other income. So our plan would be to make the rent as high as is reasonable for the S