Tag Archives: mortgage

Tax Rates- Pass Throughs and C’s

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Soooo.   You’ve heard it.  You know it.  Corporations all complain about that 35% tax rate- but few, if any, are paying taxes at that rate.  Big companies pay virtually ZERO % and middle-market companies pay 15 to 18%.  (By the way, a whole slew of single-owner corporations pay a mandated 35% tax rate!) And, our clients- the ones we convinced to form LLC’s and S entities to save on taxes want us to explain how come they are not paying taxes at the 15% to 18% rates. Continue reading Tax Rates- Pass Throughs and C’s

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Is the Tax Code Fair?

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We all have heard (or read) how middle class wealth has been devastated over the past quarter century.   Even now, as the economy seems to be perking up, it’s only the very wealthy that are seeing those gains.  Mostly because the stock market is way up (interest rates are so low, it’s the only place for the wealthy and the retired to park their funds)- and housing has still not recovered (which is where the bulk of middle class wealth is found) to those pre-2009 levels.

Continue reading Is the Tax Code Fair?

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