>2016
>not being a widget salesman
>not existing through an LLC that sells widgets
>not making every single trip a business trip by trying to sell widgets to potential customers
>not collecting dem sweet sweet tax refuctions as your llc takes on the book monetary loss every year
>not writing in that you should make 300k a year so that you can actually pay yourself 500 bucks a year so you can pay yourself tax free later on backpaif wages
Redpill me on this. How do I set all this up?
wtf is a widget
>>1453299
>implying my P&L isn't 1 line of P and 500 lines of L.
>>1453351
Create an LLC, get it registered and do start googlinf about the laws in your state about what will earn tax deductions for businesses, and run all your finances through that business. I may be able to help more if you ask me more questions
>>1453299
What's a good product to start with?
Pls assume I have almost zero free time
>>1453299
Micro101 fag will never into biz
>>1453405
Idk is it a wordpress widget maybe?
>>1453299
you forgot
>not getting audited and fined for tax fraud
>>1453805
Show me where any of that is illegal
>>1453971
I believe you are required to pay yourself a "reasonable" wage in an llc. 500 is not reasonable for any human in an 1st world country.