Quote:
Originally Posted by thebigmook
For this year, I have earned $280,000
Can I just make a corporation (this year), put this years money in that and pay corporate taxes?
And for those flaming me that I dont want to pay taxes, I said clearly I DO. I could be paying 25% corporate taxes but I am paying 50% personal income taxes. I said I do not want to get fucked by taxes not that I dont want to pay them
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Talk to a good tax attorney. AFAIK, you can't retroactively put the funds into a corporation (the checks were written to YOU, right?) but there may be a loophole somewhere.
Seriously, a good tax attorney will get you more info on specifics than GFY.
