You should use the information you gathered and the insights you have acquired during the process of filing your 1998 income tax returns as a starting point for preparing a blueprint to improve your tax position for 1999. A little planning now MAY produce significant tax savings for you next year. There are several tax reasons for this. The income may also be sheltered through the use of depreciation. Another reason to put real estate into a personal name or grantor trust vs. corporate name, is capital gains.
Many accountants view their goal as minimizing their clients' taxes.
I like to see my clients pay more taxes - because their earnings and profits are increasing dramatically. I can make a major difference in achieving those profits. Talk to me and find out more. We will always do everything we can to assure complete satisfaction. No one is required to pay more in taxes than the law demands.