Bill Caplinger Says You Can’t Be A “Thug For Jesus”
Independent Baptist minister and young earth creationist Kent Hovind nearing the end of a long federal prison sentence finds himself facing new charges. His trial in...
Another Proof That S Corp Can Be Best Choice For Professional Practices
Anybody with a professional practice netting anywhere above the very low six figures needs to have an extremely good reason to consider continuing as a C corporation in light of this and similar decisions. Also this is probably another sign that using S corporations to avoid some, but not all, payroll tax is a very solid strategy.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.