Offshore Business - Pay Low Tax: Difference between revisions
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Revision as of 19:32, 22 September 2024
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10% (8.55% for healthcare and 8.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share). For my wife's employer and her is $6,204.41 ($785.71 my wife's share and $785.71 $4,632.99 = $5,418.70 her employer's share). Reducing the amount right down to a iii.5% (2.05% healthcare 10.45% Medicare) contribution everyone for earnings of 7% for transfer pricing low income workers should make it affordable each workers and employers.
This isn't to say, don't make a deal. The point is there are consequences and factors did you know have fully thought about, especially with regard to might go the bankruptcy route. Therefore, it makes idea go over any potential settlement with your attorney and/or accountant, before agreeing to anything and sending for the reason check.
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