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/biz/ - Business & Finance

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30069170 No.30069170 [Reply] [Original]

taxes are shit

how do you lower them

realistic answers for nonrichcels only please

>> No.30069244

move

>> No.30069282

>>30069244
I live in merica so I'd have to renounce citizenship

>> No.30069351

let's assume you can make an income online through various ways

>> No.30069477
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30069477

start a business as an s-corp,write off your expenses,pay yourself part of your yearly wages in dividends instead of wages, bad/bad part is youll be paying less in SS.
buy real estate and have a huge yearly write off
some ideas off the top

>> No.30069492

>>30069170
>ted pic
>how do I avoid taxes fellow white men?
glow levels that shouldn't be possible

>> No.30069547

>>30069477
bad/good

>> No.30069563

>>30069492
use a vpn then if you're that sensitive

>> No.30069638

>>30069477
what percentage could you save with that method

let's say I don't want to buy big real estate and only want small off grid in nevada

>> No.30069962

>>30069638
50% over just being a dba will cost you more for an accountant and such and paper work is a head ache. the real estate is about buying investment property usually on loans and depreciating the property against your income. again youll need an accountant who can do this for you.