Most CPAs hunt for tax deductions or do very basic “save on payroll tax” strategies. This misses a strategy which can cut a tax bill in half – or more – if deployed right. Most CPAs don’t know how to do this, because it’s a strategy that takes knowledge of the law, tax, corporate structure and accounting. Not just the finance side.
Using corporate structuring properly allows business owners to legally shift their tax obligation to lower-tax entities. Here’s where you can begin.