Discuss Two Tax-Planning Techniques That Can Be Used by a 100

question 13

Essay

Discuss two tax-planning techniques that can be used by a 100% owner-employee to reduce his/her tax liability.

---

Definitions:

Sternum

The long, flat bone located in the center of the chest, connecting to the ribs via cartilage and forming the front part of the rib cage.

Humerus

The long bone in the upper arm that runs from the shoulder to the elbow, connecting with muscles and joints to facilitate arm movement.

Articulates

Pertains to how bones connect or join together at joints to allow for movement.

Radius

One of the two major bones in the forearm, located on the lateral side (thumb side) of the forearm.