Page 71 - MetalForming July 2012
P. 71
Blackman on Taxes
Duplex PVD Treatment
Eifeler-Lafer's in-situ Variantic-Duplex PVD treatment
Deep draw 3mm thick with 280,000 Stainless Steel Mufler with 480,000 hits
• Multi Layer resists cracking
• 850F coating temperature
• Replaces CVD and TD high temperature
coatings without distortion
• Unlimited coating application • Improved substrate hardness
Eifeler-Lafer Inc.
3800 Commerce Drive • St. Charles, IL 60174 ph: 630-587-1220 • fax: 630-587-1230 www.eifeler-lafer.com • sales@eifeler-lafer.com
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Cost of income contract
Annual income
Income tax
Larry
$250,000 $25,400
6,350
Joe
$2,500,000 $254,000 88,900 $165,100
165,100 -0-
After-tax $19,050 income
Insurance premium $250,000 policy
$4,642,000 policy
8.900
Spendable $10,150 income
I have made arrangements for read- ers of this column to get all of the infor- mation needed to prepare an IBS or RPR. Simply fax your name and birth- day (same for your spouse if married), address and phone numbers to Irv Blackman: 847/674-5299. Or, e-mail the info to irv@irvblackman.com. Mark “IBS” or “RPR” (or both) at the top of the page. MF
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MetalForming/July 2012 69
