Firm owners get double benefit from tax bracket leveraging

Sullivan, J. Craig
October 1998
National Underwriter / Life & Health Financial Services;10/5/98, Vol. 102 Issue 40, p7
Explains how closely held firm owners in the United States get double benefit from tax bracket leveraging. Relationship between personal income tax bracket and corporate income tax bracket; How increasing amounts of corporate pretax profits are taxed; Explanation of the dual benefit plan, which requires use of a cash value life insurance policy.


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