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Make 200K -- how much would I save on taxes if self-employed ?
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Date: January 23rd, 2018 9:52 AM Author: umber dysfunction wagecucks (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216486) |
Date: January 23rd, 2018 9:54 AM Author: Demanding cuck windowlicker you'd pay more taxes
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Date: January 23rd, 2018 9:55 AM Author: Amethyst legend lol no....he'd be able to write-off all kinds of shit that the average workerbee can't. He'd also be able to contribute up to $50k a year towards his IRA. (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216501) |
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Date: January 23rd, 2018 9:57 AM Author: red wrinkle Probably cr. Plus the new 20% deduction. Don't forget he'd have to pay double payroll taxes tho. (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216515) |
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Date: January 23rd, 2018 10:04 AM Author: Amethyst legend I have a feeling that this is one of those things where if you understand the tax code or are able to hire a terrific tax attorney/accountant, you'll come out way ahead when compared to the average American worker. (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216557) |
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Date: January 23rd, 2018 11:39 AM Author: nudist azure native coffee pot Libs MAF Trump is encouraging entrepreneurship and self-reliance (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35217118) |
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Date: January 23rd, 2018 11:54 AM Author: multi-colored chocolate preventive strike with 1/2 being deductible (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35217239) |
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Date: January 23rd, 2018 9:55 AM Author: Claret supple business firm degenerate depends on how much fraud you're willing to commit. (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216500) |
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Date: January 23rd, 2018 9:58 AM Author: umber dysfunction wagecucks assume its above-average (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216521) |
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Date: January 23rd, 2018 10:01 AM Author: Claret supple business firm degenerate "average" for self-employed dudes is pretty damn high. (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35216536) |
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Date: January 23rd, 2018 9:57 AM Author: Pea-brained volcanic crater I believe this is how you'd benefit under the new tax overhaul:
1. Form S Corporation 2. Pay yourself a reasonable salary (let's call it $50,000, but this is not tax advice and that may be low) and pay normal employment withholding on it (fed tax, FICA). 3. Treat the other $150,000 as dividends. You pay fed tax but no FICA, so do the math. In addition, you now get a 20% below the line tax deduction on that $150,000, so a $30,000 writeoff.
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Date: January 23rd, 2018 11:40 AM Author: metal corn cake center 1800000000 this is what i do already (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35217119) |
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Date: January 23rd, 2018 11:54 AM Author: Pea-brained volcanic crater Cr, plus you can write off business expenses. (http://www.autoadmit.com/thread.php?thread_id=3868229&forum_id=2#35217234) |