For the business owner or incorporated professional who “does not need all her cash” and can afford to leave some cash in her corporation for investment purposes, there a significant tax deferral advantage by departing the after-tax corporate income inside the corporation as opposed to paying it out immediately.
Throughout the period 2006 to 2018, the taxpayer acquired owned eleven houses which it hired out. The judge acquired to determine what the true “principal purpose” of the corporation’s business was rather than simply depending on the taxpayer’s testimony.
Meanwhile, the cupertino, calif.
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