PDA

View Full Version : How to protect income ?



alienbernhard
08-13-2015, 12:26 AM
354


WHAT company form would be the best to protect any generated income from future possible claims ?

C-Corporation:
says, that it is a separate and distinct legal entity.
What means, what ever profit the C-Corporation would make, it's the profit of the company - but not mine, right ?

For instance:
Let's say the C-Corporation's annual corporate income would be $100k - I have to pay the Federal and State Income Taxes for the Corporation, right ?

And also, can I leave all profit within the company ?
Or do I have to pay the profit to my shareholders ?

My goal is clear. I want to make sure that my personal income get's down to the bare minimum.


Curious if that would work or not.

LLC:
Since an LLC has a pass through taxation, I am assuming that any profit would automatically count as my personal income.
Which I want to avoid - if possible.


I have personal reasons why I want to keep my my annual income at the bare minimum.
Just looking for possible answers, what's feasible and legal practical doable.


Thx for any hints, ideas, and infos !
I really appreciate that !

Cosmo
11-18-2018, 01:50 PM
I also think the insurance is the best way to protect the income. You just should to decide what causes you would insure

corneliavicki
05-19-2019, 08:51 PM
Toddler Bouncy Castle For Sale (https://www.365inflatable.co.uk/a077-toddler-bouncy-castle-for-sale.html)

jackwilliam
05-20-2019, 03:01 AM
Protect Injury and Illness Insurance provides great cover and is a much better deal than employees having to take out their own income protection insurance. Protect provides great financial security and peace of mind for your employees and helps employers to retain key staff.

essencepk
10-15-2019, 01:36 AM
Put It in the Freezer. Trust Freezing: A way to transfer valuable assets to others (such as your children) while avoiding the federal estate tax.
Send It Overseas.
Stock It Up in Options.
Play Shell Games with It.
Swap It Out.
Play Dodgeball with It.
Go Corporate with It.
Kick It Down the Road.

jacksonsamy2
10-19-2020, 03:01 AM
Invest in Municipal Bonds.
Take Long-Term Capital Gains.
Start a Business.
Max Out Retirement Accounts.
Use an HSA.
Get IRS Credits.
The Bottom Line.

jacksonsamy2
10-19-2020, 03:03 AM
Invest in Municipal Bonds.
Take Long-Term Capital Gains.
Start a Business.
Max Out Retirement Accounts.
Use an HSA.
Get IRS Credits.
The Bottom Line.

Muthuraj
11-06-2020, 01:18 AM
if any impact over the world's economy in this US presidential election result. Because of the last two days' confusion?

kongar
11-14-2020, 10:19 AM
Invest in in property buy cheap place and put it on rent with rent get it fixed but safe money with the equity

AfreenKhan1
11-14-2020, 11:37 PM
The prostitutes we offer are highly co-operative, playful, seductive, and attractive. Everyone knows that it all starts from an honest conversation so Prostitutes, Models or call girls we offer are multi-lingual so that there are left no communication barriers between you and VIP call girls. Beautiful Pakistani Escorts in Lahore, Independent Escorts in Lahore

speeduser
11-20-2020, 09:25 AM
That seems to be something a lot of people figured out already. They know these stuff and they are good at it. - Paul Savramis (https://paulsavramis.com/)

moverdubai12
11-26-2020, 02:59 AM
6 Strategies to Protect Income From Taxes

Put resources into Municipal Bonds.

Take Long-Term Capital Gains.

Start a Business.

Max Out Retirement Accounts.

Utilize a HSA.

Get IRS Credits.