yankee | 11-23-2014 06:44 PM | Re: Same Day Paypal Withdrawals Question Taxes can be a killer or your friend sometimes(deferred liabilities(sometimes forever), credits, depreciation, phantom income, etc..). I HAD a company last year somehow do everything wrong(I was the only owner and it was setup poorly and made tons of money and had no standard employees(all remote and hired companies) that got taxed at 63% That was a MISTAKE because I was too busy.
When you open your LLC, look into another member(Even if they dont get payed, or very little) because it can reduce or in my case(I dont work in my businesses) eliminate 15% self employment taxes. |