If the tax plan miraculously makes it through, I’m wondering if it’s worth going through the hassle of forming a corporation. Started pondering when Obama extended the lower corporate tax rates a while back.
The biggest obstacles I have is needing a board of people I’d trust to stay on and have meetings, somehow using corporate money to reduce my own personal expenses, and the IRS not looking kindly at my hypothetical Corp. and judging it a blatant attempt of tax avoidance.
Oh and not…