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Any Corporate Tax Planning Tips, Strategies And Ideas?

Anonymous
(Manager) | Nov 27, 2012

Corporate Tax Planning Tips Strategies And Ideas

Given impending corporate tax reform, what ideas or tips do you have?

Answers

Matt Wheeler
Profile
Title: Partner
Company: LMGW CPA LLP
LinkedIn Profile
(Partner, LMGW CPA LLP) | Nov 28, 2012

Your title says "Corporate" tax planning tips, and regular C Corporations have no preferential capital gains rates, and C Corp rates are not set to change so there would be no point to accelerating income in 2012 in general. If you are talking about an S Corporation, then it likely makes sense to bring the income into 2012 if you would be forced to take it soon in 2013 assuming you are a high income earner. There are many more opportunities, it really depends on your specific situation.

Anonymous
(Manager) | Dec 6, 2012

Yes, it's an S corp.

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