Thoughts on acquisition or tax strategies with dnc control?
January 08, 2021
by a searcher
from Coastal Carolina University
in Los Angeles, CA, USA
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by an investor
from Rensselaer Polytechnic Institute
in Connecticut, USA
Thanks for clarifying Ron.
Keeping income below $1M is a whole other topic. Initial thoughts/strategies would be based on deferring income by having clients pay you at a later date or using the bonus depreciation rules. I think bonus depreciation has a lot of potential - but we'll have to see what the specifics are on how the "DNC" defines the $1M income (i.e. can you use offsets such as depreciation to reduce it).
Reply
by an investor
from Rensselaer Polytechnic Institute
in Connecticut, USA
from Rensselaer Polytechnic Institute in Connecticut, USA
Keeping income below $1M is a whole other topic. Initial thoughts/strategies would be based on deferring income by having clients pay you at a later date or using the bonus depreciation rules. I think bonus depreciation has a lot of potential - but we'll have to see what the specifics are on how the "DNC" defines the $1M income (i.e. can you use offsets such as depreciation to reduce it).
from Rensselaer Polytechnic Institute in Connecticut, USA
FWIW, here's a link to our white paper about tax strategies: https://ventouxholdings.com/white-papers