Q:
Subject: TAX MATTERS
MR KERSTETTER,
I AM LOOKING FOR DIRECTIONS ON 2 SUBJECTS .
1. THE SAME FOLKS OPERATING MULTIPLE “C” CORPORATIONS WITH OUT FOLDING INTO ONE CORPORATION BRINGING ON HIGHER TAX RATES, BECAUSE ALL CORPORATIONS ARE GENERATING TAXABLE INCOME.
2. WORK AROUNDS FOR PROFESSIONAL SERVICE CORPORATIONS.
I WOULD APPRECIATE YOUR THOUGHTS ON THE ABOVE SUBJECTS OR POINT ME IN THE RIGHT DIRECTION FOR ASSISTANCE.
I AM A TAX PREPARER LOCATED IN THE MIDWEST AND FOUND YOUR WEB SITE
TO BE JUST WHAT THE SMALL BUSINESSMAN NEEDS.
SINCERELY,
A:
I still highly recommend the reference materials from QuickFinders, TMI and TaxCoach, as I mentioned in this recent blog post.
I hope these help.
Kerry Kerstetter
