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Latest revision as of 12:41, 23 January 2025

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One more week until Tax Morning ,. Have you filed yours yet? I haven't (probably should get on that, actually), while using the I read in USA Today that roughly 47% of Americans won't even need to worry about paying federal income taxes, I start to wonder if I ought to even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what's the point if half the damn country isn't going fork out up and leave scot-free?

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If you add a C-Corporation into a business structure you can reduce your taxable income and therefore be qualified for some deductions for your current income is just too high. Remember, a C-Corporation is some individual taxpayer.

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