2 ms·
Outside of a W-2 salary, there are ways, more applicable to businesses, also to independent contractors. Even for those with a salary, they ought to do their be
by OutOfHere 6mo ago
Outside of a W-2 salary, there are ways, more applicable to businesses, also to independent contractors. Even for those with a salary, they ought to do their best to collect all the legally qualified benefits that they can.
Lots of independent contractors get paid as W-2 when they could be getting paid as a corp, for which they could write off a portion of the taxes via deductibles and in various other ways.
Lots of people could be ordering online at websites that don't deduct a sales tax. Instead, they pay a substantial amount in sales tax.
Using a Delaware corp for various transactions can also go a long way.
- abustamam 6mo agoI don't think anyone voluntarily pays more taxes than they ought to. People DO collect all their legally qualified benefits. It's why software like turbo tax is still around despite being a shitty company.
- OutOfHere 6mo agoI disagree completely. There are all manner of loopholes and benefits that people fail to avail. Even the people with only a salary end up paying too much in sales tax and property tax.