Cat@ponder.cat to News@lemmy.worldEnglish · 14 hours agoTesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income.truthout.orgexternal-linkmessage-square25fedilinkarrow-up1447arrow-down18
arrow-up1439arrow-down1external-linkTesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income.truthout.orgCat@ponder.cat to News@lemmy.worldEnglish · 14 hours agomessage-square25fedilink
minus-squaremycelium underground@lemmy.worldlinkfedilinkEnglisharrow-up4·5 hours 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-up1arrow-down1·4 hours 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.
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.