I am voluntarily reducing my annual salary as an administrator at a small private college by $10,000 for a variety of reasons. Are there any tax benefits to be accrued by doing this?
Asked on 11/08/10, 8:03 am
1 Answer from Attorneys
Mark Anderson
Mark Anderson, Attorney at Law, PLLC
You generally pay less taxes if you get less salary.
Answered on 1/29/11, 2:15 pm