税收筹划的外文文献及翻译.doc.docx

Planning forever tax savings ? Learn how to keep your tax bill at the legal minimum...and keep it there! By Mark E.Battersby Now is the best time to think about reducing the ornamental and miscellaneous metal operation’s tax bill even lower than the point the economy may have driven it to.And.of course,aim to keep that tax bill at its legal minimum for many year to come. While many of us rely on the advice and help provided by tax professionals or utilize software programs to ensure a low tax bill,the real goal should be a low tax bill for not just this tax year but year-after-year.The best guarantee of consistently low tax bill,this year,next year,and so-on down the road is,of course,tax planning. Tax planning is easy:the more tax deductions taken,the lower the fabricating operations taxable income will be——at least for this tax year.Of course,ignoring potential tax deductions this year might mean significant savings in later years when profits——and tax billsare higher.Either wayjn order for deductions to count,the time to make the moves necessary for those low tax bills is before the end of the tax year. Tax Planning Basics When thinking about any type of tax planning,every metal fabricator should keep in mind that although the IRS may occasionally disagree,the courts strongly back every taxpayer’s right to choose the course of action that will result in the lowest legal tax liability.Thus.as the end of the tax year quickly approaches,every fabricator faces several different options as to how to complete certain taxable transactions- Out tax system has graduated rates that increase along with the income of the metal fabrication business at various tax rates.Thus.one strategy for saving taxes means reducing the tax bracket of the fabricating operation.Getting the most from the temporary 15-percent tax rate for dividends,means finding another way to reduce corporate level income-…and taxes? Obviously,neither an ornamental metal fabricating business nor any business