))
The Spendthrift Trust & Massive Tax Reduction For S Corporations
Manage episode 360653088 series 3373033
Content provided by Dohn Thornton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dohn Thornton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If you have ever wondered how this spendthrift trust can help generate MASSIVE tax savings for an S Corporation, you've come to the right place, although the answers may not be what you are expecting. In this episode, I review the five pillars of the non-grantor, irrevocable, complex, discretionary spendthrift trust, what IRS Code 643(b) is, how the trust is 100% compliant with the tax code, and how the trust can help reduce the corporation's taxable income by as much as 95%. Enjoy!
…
continue reading
120 episodes
Share
