Getting Regarding Tax Debts In Bankruptcy: Difference between revisions
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Revision as of 06:21, 4 October 2024
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If you add a C-Corporation with your business structure you can lessen your taxable income and therefore be qualified for some of those deductions by which your current income is too high. Remember, a C-Corporation is its unique individual tax payer.
For my wife, she was paid $54,187, which she isn't taxed on for Social Security or Healthcare. This lady has to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.
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