Well I’m being quite serious. You can be on a payroll and still have your own business. There’s nothing saying it has to be big.
Your business can own your own vehicle which becomes a business expense. Business from your home becomes a write off for that portion of the home. The corporate left plays the game, there is zero reason why we can’t.
I really don’t, it’s just based on life experience. I’m sure there are plenty. Main thing is make sure your business makes life and financial sense for you, it’s possible to get side tracked making a bunch of plans around tax laws that are penny wise pound foolish in a sense.
So generally decide what business works for you. There are costs involved, business license from your town/state etc.
But work hard, increase independence, understand our current system and create our own structures as well is sound advice.
You do realize that, as many business owners and entrepreneurs as there might be MAGA'ing, there are a whole lot more men and women on a payroll.
So, how does the working person pay as little tax as possible?
Or, an alternate strategy, how do they pay their taxes (be they what they may) at as late a possible date?
What is the legal way of civil disobedience aimed at squeezing the lifeblood of the swamp (disrupting the process for tax collection)?
Now, be clever Pede. Let us know.
Well I’m being quite serious. You can be on a payroll and still have your own business. There’s nothing saying it has to be big.
Your business can own your own vehicle which becomes a business expense. Business from your home becomes a write off for that portion of the home. The corporate left plays the game, there is zero reason why we can’t.
Bigger problem is they can change the rules.
Do you have any resources like books that you can share on this? I would be very interested in doing something like this.
I really don’t, it’s just based on life experience. I’m sure there are plenty. Main thing is make sure your business makes life and financial sense for you, it’s possible to get side tracked making a bunch of plans around tax laws that are penny wise pound foolish in a sense.
So generally decide what business works for you. There are costs involved, business license from your town/state etc.
But work hard, increase independence, understand our current system and create our own structures as well is sound advice.
You can put money in your 401k or IRA.
Yes.
Mine has been maxed out (401 & Roth) m, every year since I started working.
That’s not the disruption I thinking of.
Buy a couple rental properties.
Again, possible, but not in masses needed.