Freelancers, How to Avoid Uncle Sam?
Freelancers, How to Avoid Uncle Sam?
Out of context: Reply #6
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- era4O40
Having an S-Corp, is the same way. However, if you're salaried employees, you pay a crapload in payroll taxes. In fact, we retain 48% of every dollar we earn, so it costs the company $4.00 to get an employee on the subway. Sucks. I also have a C-Corp which zeroes out at the end of the year and only pays dividends (no salaries). That company, at least, is safe from uncle sam.