3 Tax-planning Strategies

1. Consider a tax status change

2. Take advantage of tax reform

  • 50% of your share of W-2 wages paid by the business; or
  • 25% of those wages, plus 2.5% of your share of qualified property

3. Leverage coronavirus tax relief

  • Families First Coronavirus Response Act (FFCRA)
  • Coronavirus Aid, Relief and Economic Security Act (CARES)
  • Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA)
  • American Rescue Plan Act of 2021 (ARP)



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Malvern Capital Group

Malvern Capital Group

Entrepreneur looking to acquire and operate a single business.