Tax Strategies
"High achievement always takes places in the framework of high expectation."- Charles Kettering, American inventor
- Clients sometimes pay themselves a salary that is too high or too little, causing lost tax dollars or unwanted IRS scruti
- Clients can receive a 10-15% discount on PA income taxes
- Clients can save on self-employment taxes
- If your client passes away today, will he or she owe estate taxes, and if so, how will they be paid?
- Saving taxes one year may cause significant taxes to be paid the following year. A properly structured and monitored multi-year tax plan will minimize taxes to be paid over a multi-year horizon resulting in avoiding paying unnecessary taxes.
- Clients can enable their children to retire as a tax-free millionaire by paying them a fair wage now
- Improper structuring and maintenance of related party transactions can cause significant unwanted legal and tax consequences
- Tax-saving strategies may cause clients to violate their lenders bank agreement
"High achievement always takes places in the framework of high expectation."- Charles Kettering, American inventor
