Slash your taxable income by $1.2 million

This article will answer the questions: What is a Captive? An estate planning strategy? How much can you save?

Want to make a grown man cry? Tell him the amount of his income tax bill (after he was originally thrilled by a great profitable year). For the year 2013 there is an unbelievable increased top rate — 39.6% for taxable income over $400,000 if single, $450,000 if married. Ouch!

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