Companies with Losses Carried Forward
December 3, 2019
Companies may have losses carried forward from a prior year. Losses may have resulted from losing money in a previous business venture, one-off signature expenditure (e.g., significant repairs and maintenance on a property), or during the start-up phase of a new business.
Th...
Pay Less Tax - Part 1
February 16, 2017
Save $12k in tax on $120k of income by structuring your business effectively.
Table 0.1 – How AgBiz Accountants could save you more than $12k in tax (an extra 10%)
Entity
Profit
Tax
Tax Savings
Individual
120,000
30,520
9,080
Company
...
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