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Originally Posted by Furious_Male
Well you dont need a high price accountant to get out of it. Form an S corp and take a small salary. You only pay SS taxes on the salary.
If you aren't paying ANY SS Taxes I would love to find out the loop hole around that.
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you can also set up a SEP and contribute over $40K a year to it.. via this scorp method.. knock down that AGI to $140K.. and less taxes..