This is just one example of a myriad of tax planning techniques that can yield major tax benefits for both the owner and the company.

FORBES: From "Do-it-Yourself" retirement income planning to "Don't-do-it-Yourself" exit planning

The tax information that Mitt Romney released so far indicates that he took advantage of tax planning techniques that have actually been around for some time.

FORBES: I'm Okay with Mitt Romney's Income and Estate Tax Planning

End-of-life tax-ducking techniques can cut income taxes as well as federal estate and state estate and inheritance taxes.

FORBES: Deathbed Tax Dodges: Take These Steps Now To Save Later