Forex Tips 4U - Save Income Tax - Una

Friday, 3 December, 2010

Item details

City: Una, Gujarat
Offer type: For Free

Contacts

Contact name Forex Tips 4U
Phone 9422301178

Item description

Suppose, for instance, your business' net income is $75,000. But your spouse has been working in the business all that year, and you paid him a salary of $30,000. Your net income drops to $45,000, a considerable tax savings for you. And, because your spouse's income of $30,000 is taxed at an even lower income tax rate, you get, in effect, a double tax savings.

ou can't pay him or her $70,000 to do basic office tasks, such as filing and answering the phones, for example. If your spouse is working for you as an office assistant, you need to pay him or her a rate equal to what other office assistants make.(kalki190)

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