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Politics : PRESIDENT GEORGE W. BUSH
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To: Sedohr Nod who wrote (755354)11/29/2006 7:32:56 PM
From: longnshort  Read Replies (1) of 769670
 
right, but if you have one million in income you are going to pay taxes on it(unless it's from tax free bonds) even mortgage deductions have a cap. almost all the loop holes on income are closed. you can dump into a SEP(which means you have to match that with your employees and even that has a cap, I think) I have a great acct. but he can only do some much with in the law and there is no longer Account client privaleges, he has to tell the IRS.
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