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Old 08-14-2007, 04:56 PM  
Peaches
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Join Date: Oct 2002
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Posts: 13,933
Quote:
Originally Posted by thebigmook View Post
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
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.
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