A Slight Restructure, Big Tax Savings
In business, some are making a profit while some are generating tax losses. Generating tax losses isn’t the end of the world if the business and its owners have basis to deduct those losses.
In business, some are making a profit while some are generating tax losses. Generating tax losses isn’t the end of the world if the business and its owners have basis to deduct those losses.
The power of a defined benefit retirement plan is priceless. It offers security and diversification while saving you a substantial amount in taxes, and in dire situations it can provide a chance to rebuild.