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  • like how to legally split income from contract work to reduce personal taxable income?
  • kind of company to setup for contracts to pay yourself out of
  • setting up a trust to protect assets
  • using life insurance or other products to store income for use without being taxed on it in future or have it count as income
- like how to legally split income from contract work to reduce personal taxable income? - kind of company to setup for contracts to pay yourself out of - setting up a trust to protect assets - using life insurance or other products to store income for use without being taxed on it in future or have it count as income

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[–] • 2 pts (edited )

Good idea. I'll run it past an accountant. I did ask a friend who is a cpa, but he's not in public practice