Details Of 2010 Federal Income Taxes: Difference between revisions

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Revision as of 22:05, 22 January 2025

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

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If you add a C-Corporation to your business structure you can help to your taxable income and therefore be qualified for a few of these deductions that your current income is simply high. Remember, a C-Corporation is a individual citizen.

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