Cat@ponder.cat to News@lemmy.worldEnglish · 2 months agoTesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income.truthout.orgexternal-linkmessage-square33fedilinkarrow-up1601arrow-down18cross-posted to: usa@lemmy.mlactually_infuriating@lemmy.world
arrow-up1593arrow-down1external-linkTesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income.truthout.orgCat@ponder.cat to News@lemmy.worldEnglish · 2 months agomessage-square33fedilinkcross-posted to: usa@lemmy.mlactually_infuriating@lemmy.world
minus-squaredriving_croonerlinkfedilinkarrow-up6·2 months agoOpen an LLC and put all the utilities and food as operating expenses of it.
minus-squaremycelium underground@lemmy.worldlinkfedilinkEnglisharrow-up6·2 months agoSo you are going to open an LLC, transfer your wages to it(already taxed) so that you can buy everything for your life and then try and get a big deduction on the money that is left over(the LLC’s “profit”) I’m not sure that adds up like you think it does…
minus-squaredriving_croonerlinkfedilinkarrow-up6arrow-down1·2 months agoHere’s the thing: You are never going to pay for that. Just let the LLC go broke and then open other new. Follow me for more financial advice.
minus-squaremycelium underground@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoI would like another financial advice please.
Open an LLC and put all the utilities and food as operating expenses of it.
So you are going to open an LLC, transfer your wages to it(already taxed) so that you can buy everything for your life and then try and get a big deduction on the money that is left over(the LLC’s “profit”)
I’m not sure that adds up like you think it does…
Here’s the thing: You are never going to pay for that. Just let the LLC go broke and then open other new.
Follow me for more financial advice.
I would like another financial advice please.