Offshore Business - Pay Low Tax: Difference between revisions
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Revision as of 15:26, 23 January 2025
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Costs involved forming a legitimate entity as mentioned in this information varies by state. Each state has some own filing fee. You do not need legal advice to create an LLC or Firm. You can find range of web-pages that supply service as well as fees for handling the filing for you can also vary.
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I was paid $78,064, which I am taxed on for Social Security and Healthcare. I put $6,645.72 (8.5% of salary) in 401k, making my federal income taxable earnings $64,744.
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