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| I’ve been considering forming an S Corp also for the same reasons, don’t think you’d be sorry other than another return your gonna have to file and pay the accountant to prepare. Which for me is a fairly significant expense as my CPA knows how to charge. If your accountant is well versed enough to give guidance on the DB plan without having to research it and get back to you, you have a good one. You’ll need to go through a TPA who has an Enrolled Actuary on staff to prepare the documents and file the annual requirements. This isn’t your garden variety retirement plan, but it will accomplish 5 times what that best defined contribution plan can do. | |
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What are your year end tax avoidance strategies?
