• Order now
    •  

      Toll-Free Numbers

      Call me back Live Support
Free «Internal Memorandum» Essay Sample

Internal Memorandum

To:  The Managing Director

Cc:

Buy Internal Memorandum essay paper online

Title of your paper
Type of assignment
Pages
-
+
Academic level
Timeframes
Spacing

* Final order price might be slightly different depending on the current exchange rate of chosen payment system.

Currency
  • Total price
  •  
 
Continue to order
 

From:

Date:

Re: Methods of Minimizing Tax                 

The purpose of this memo is to give the options that are available in selection of the various vehicles that are used by the clients in order to minimize the income tax incurred. In addition to this, the options available in minimizing capital gains tax and minimization of the estate tax.

Want an expert to write a paper for you
Talk to an operator now
 

How to Minimize Income Tax

To reduce the income tax that the company will incur there will be need for tax credits. In this case the best options of cars that can be used are the plug-in hybrid and electric cars. These cars incur a combination of both national and local credits that range from $2,500 up to $7,500 at federal levels with an addition of $2,000 credit for the purpose of installation of the charging equipment.

How to minimize Capital Gains Tax

 
 
Special offer for new customers!
Get 15% OFF
your first order

In order to minimize the capital gains tax that may be incurred due to the vehicles being used the appropriate option will be claiming a depreciation in which the car will be assumed as a business loss despite turning in profits. The depreciation will be claimed on a basis of business expense to avoid the extra tax that would be incurred.

How to minimize Estate Tax

The most effective way to minimize the estate tax will be through planning using trusts and other financial vehicles. The best vehicle in this case will be the intentionally defective grantor trust that will transfer the property rights in some purposes and retain some rights at the same time. This will result in tax adjustments that will lower the tax bill.

The mentioned methods are the best options that are currently available that will be used in ensuring the tax bracket in the income tax, capital gains tax and estate tax are minimized to cut down the cost incurred by the organization.

   

What our Clients say

Read all testimonials
Close
 
 

Use discount code: LoveMyDaddy and get 19% OFF your order! Hurry up! Get your Father’s Day Gift from ExclusivePapers.com!

Order now
X
Click here to chat with us