Evil Academy

Full Version: Fuck the IRS
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The best we can do is tax minimization
I have constantly changed my main income source from salary, to dividends, to trust payments, to gifts, to loan repayment, to loan, to spreading income over family members, whichever one they up the tax rate on, then shift to another, as they change the laws adapt quickly, don't have any offshore holding companies or the like what the big boys do, shifting tax base to Ireland or whatever but theres still a lot that can be done, although saying that I have no idea about Canadian tax laws, regardless people will find a way round it if its possible
the one man army thing is good idea
flexibility
annoying paying someone 30% or whatever more than they actually get.
Get your fiance off your insurance brah. Don't get married. Only gna place u at a higher tax bracket.

I repeat: do not get married.

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(03-13-2014 12:25 AM)GMB13 Wrote: [ -> ]Since my fiance was added to my plan, my taxable income is now above what I actually make.

tons of families are affected by this, it's mind blowingly stupid that the taxable incomes goes up with a larger insurance plan.
(03-13-2014 08:23 AM)CTsar Wrote: [ -> ]
(03-13-2014 12:25 AM)GMB13 Wrote: [ -> ]Since my fiance was added to my plan, my taxable income is now above what I actually make.

tons of families are affected by this, it's mind blowingly stupid that the taxable incomes goes up with a larger insurance plan.

My co workers don't have this issue with a wife and kids on their insurance. Its only if you have what is considered a domestic partner.
(03-13-2014 08:20 AM)Señor Penis Wrote: [ -> ]Get your fiance off your insurance brah. Don't get married. Only gna place u at a higher tax bracket.

I repeat: do not get married.

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Terrible advice bro. Gotta let the hate go.
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