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Once again, hypothetically, imagine there is a guy who is a subcontractor who got a new long term contract and is now making $3200+ weekly. That Subcontractor knows that 30% of that, before deductions, goes to Uncle Sam, which means niggers and spics, which will be maybe a 12k bill quarterly, and he wants to keep as much of his money as possible. How would he go about hiding that? Or at very least keeping 90% or more of his money?

Just curious

Edit: Person is being paid by a fairly large company who by only pays by direct deposit. And maybe tax fraud isn’t the right way to put it. I wanna do whatever people like Amazon does and pay less than 5% taxes

Once again, hypothetically, imagine there is a guy who is a subcontractor who got a new long term contract and is now making $3200+ weekly. That Subcontractor knows that 30% of that, before deductions, goes to Uncle Sam, which means niggers and spics, which will be maybe a 12k bill quarterly, and he wants to keep as much of his money as possible. How would he go about hiding that? Or at very least keeping 90% or more of his money? Just curious Edit: Person is being paid by a fairly large company who by only pays by direct deposit. And maybe tax fraud isn’t the right way to put it. I wanna do whatever people like Amazon does and pay less than 5% taxes

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[–] • 6 pts

You don't have to commit tax fraud to avoid paying taxes. You can do it legally by reinvesting into your business.

Starting a religious school is not a terrible idea.

[–] • 3 pts

See this is what I want to learn about. I am a complete beginner when it comes to taxes. I know I can deduct all my expenses, but other than that I’m pretty much clueless. I’ve been doing it under the table for years, but just became an official LLC

[–] [deleted] • 1 pt (edited )

Running a 24/7 daycare out of your home will allow you to deduct—pretty much—everything.

Edit: The reasons why you can deduct pretty much everything is why I mentioned the daycare. If you don’t buy assets for your company, you will pay it in taxes.

[–] • 1 pt

Get an accountant.

We all hate taxes but irs has a very big stick. If they suspect anything they will convict you then you gave to prove innocence. They will destroy you.

Only way to defund taxation is to live minimally and not earn.

[–] • 1 pt

Start or inherit trust.

Your parents probably already fucked you by not having a family trust.

In your lifetime, if you start a trust, it is revocable. Once you die, it becomes irrevocable.

An irrevocable trust is better, because the rules are locked in.

Ideally, your LLC, then, belongs to the trust, which can operate at a net zero for tax reduction.

So, now, you have two tax sinks.

Then, start a nonprofit and also put it in the trust. Tax sink #3.

Between three tax sinks, you should never have to pay any taxes.