Rick noticed the whiteknuckles. "Never been in a corporate jet before?" he asked."Never been in any airplane before!" Tim gasped now feeling the G-forceas the plane streaked down the runway then arced gracefully shootinginto the sky, the landing gear retracting. He gasped as he felt thefloating sensation of flight. "Relax! You get used to it," Rickchuckled before he returned to his Wall Street Journal. Tim lookedaround at the opulence of the jet's interior, the burled walnut woodtrim, the leather seating, the suede wall coverings the thick cut pilecarpeting. The place smelled of money. After the short hop the planelanded at JFK airport in New York, on schedule. Then after a shorthelicopter ride they were landing on the front end landing pad of alarge yacht that was already underway ten miles out to sea!"Shit! What is this Mr. Hollingsworth!?" Tim said as he followed Rickwhile the Captain welcomed them aboard and the head steward took him andTim to the master cabin which was. “It’s not working. You’re at the 45% tax bracket. If you want to stay an LLC, you need to drop down a couple of tax brackets in a way that lets you convert that money into some kind of asset. Buying a new office is one way. Another way is to buy another company car or two. You’ve got a van and truck. You could use a new sedan. It would serve a business function that the van and the truck can’t. Each thousand you drop off your income is $450 in taxes that you don’t have to pay. If you buy a car for $6,000 dollars, that would save you each $1,350 in taxes. If you buy two, you can each more than double your savings. Your individual income will drop down to $28,000 and your tax bill will be roughly $7,500 plus the maximum social security. If you don’t do it, your income will be $34,000 and your tax bill will be $10,200. That’s a significant difference.”Tim said, “I guess I should have let the company buy the Jeep for me.”“It’s too late now,” Benny said. “What else can we do?”“Benny, you.
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