If anybody here is doing independent consulting through LLC, let’s connect and exchange ideas a on how to save taxes on business income! I started doing it recently after layoff and learnt few things #personalfinance #taxes #tax
Do you think you are the first person to think of this? This won’t end well lmao. IRS hired 80,000 new officers this year FYI
This isn’t true https://www.cnbc.com/amp/2022/08/31/irs-is-not-hiring-an-army-of-auditors-whats-really-happening.html
Seems to work just fine for the orange man.
How are you getting this opportunity and how much per hr can you charge?
I’d suggest hiring an accountant. There’s a lot of legal stuff you can do as a business owner, but you want to make sure you’re on level with what is legal.
I am interested to know more about this topic
OP, you raised an important question but I believe no one will share their experiences because of variety of personal reasons. You should reach out only close friends that are business owners themselves(not likely they will help) or the CPA that specializes in business taxes.
I just hire someone to do it for me.
***IRS has entered the chat***