The proper avoidance of taxes is the only intellectual pursuit that still carries any reward.
—John Maynard Keynes, economist, Economic Consequences of the Peace (1920)
One of the biggest questions that I get at my seminars is, “How do I get money tax-free out of my corporate business?” The answer is to establish a load of tax-free fringe benefits. In fact, this chapter could be subtitled, “Getting Money Out of a Corporation Tax-Free.”
If starting a successful small business is the engine behind riches, then fringe benefits are the wheels and the frame around this engine.
You’ve probably heard about how many of the big, rich corporations are providing a host of benefits to their employees. The interesting ...