Paying Taxes Can Tax The Best Of Us: Difference between revisions
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Revision as of 14:20, 7 January 2025
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The old adage is crime doesn't pay, only one certainly can wonder sometimes about the accuracy of it given quantity of politicians that find a way to be online criminals! Regardless, the fact you are making money from a crime doesn't mean you shouldn't have to pay taxes. That's right. The IRS wants its unfair share of the ill gotten gains!
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If you add a C-Corporation to your business structure you can decrease your taxable income and therefore be qualified for one of those particular deductions for the purpose your current income as well high. Remember, a C-Corporation is some individual individual.
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