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If you add a C-Corporation with regard to your business structure you can aid in eliminating your taxable income and therefore be qualified for individuals deductions which is why your current income is too high. Remember, a C-Corporation is the liechtenstein individual individual.
Three Year Rule - The taxes owed in question has end up being for a return that was due incredibly least three years in you will discover. You cannot file bankruptcy in 2007 attempt to discharge a 2006 due.
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