Offshore Business - Pay Low Tax: Difference between revisions

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Note: The author is actually a CPA or tax quality. This article is for general information purposes, and really should not be construed as tax professional guidance. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation.

If you add a C-Corporation with your business structure you can aid in reducing your taxable income and therefore be qualified for some deductions where your current income is too high. Remember, a C-Corporation is particular individual tax payer.

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I then asked her to bring all the documents, past and present, regarding her finances sent by banks, and so on. After another check which lasted for almost half an hour I reported that she was currently receiving a pension from her late husband's employer which the taxman already knew about but she had failed to report that income within their tax form. She agreed.

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