>Start corporation
>Claim all your expenses as "operating expenses"
>Pay almost no tax
Why isn't everyone doing this?
isn't it this easy?
>>1748056
I do.
Pulled $60k this year. Gonna pay the taxes of a man who made $20k.
>>1748064
how do i do this
>>1748070
well I actually do have a company. So what I'm saying is legit.
I just play up my expenses a little. But between materials, car, home, meals, ads, it adds up to a lot and it basically makes it look like you made nothing. The current US tax law is very very favorable to businesses.
As an employee you have basically 0 deductions. You can't deduct shit.
The only legit things from your private life you can claim as expenses are car and phone since they wouldn't be able to tell when you used those things for business or private purposes.
Trying to shove more things up there would fuck you up during a screening control.
>>1748083
Do you make deductions for stuff like
that extra room in your house is your business' home office
computing equipment and supplies for your home office
those lunches/dinners where trying to win potential clients
car fuel and mileage for driving to meet with clients
>>1748056
i don't pay much taxes. 5% is the tax rate here for entrepreneurs.