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It is insane that that 1099 wife thing is legal.
by judk 13y ago
It is insane that that 1099 wife thing is legal.
- deleted 13y ago[deleted]
- yetanotherphd 13y agoWhy would it make any sense that you are allowed to set a salary based on anything except 1.? And, if I understood your top level post correctly, why would it make sense for you to be able to classify caring for your children as working for the business? Allowing people to choose arrangements that minimize their taxes, is the opposite of how tax law is supposed to work. Taxes should be based on economic reality, not what you choose to write down on paper. It seems you are conflating what is beneficial for you, with what should be legal.
- deleted 13y ago[deleted]
- bosie 13y ago> This is perfectly legal and it makes sense to me that it is legal. could you expand on the reasons why you think it makes sense for it to be legal?