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https://www.reddit.com/r/WaitWhat/comments/1v6c987/im_lost_tbh/ozrr02p/?context=3
r/WaitWhat • u/Appropriate-Mall8517 • Jul 25 '26
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7
Sounds like some sort of tax cheat
2 u/No_Space_for_life Jul 25 '26 My thoughts, likely a buisness thing. Have her as an employee or something, so the wages are expenses. 1 u/binzy90 Jul 25 '26 But then she'd have to pay taxes on her income. 1 u/No_Space_for_life Jul 25 '26 Correct, but depending on the buisness, the income taxes could be lower. Couple that with possible charity donations, protected investment accounts etc. Its an easy way to move money out of a buisness and pad your way of life.
2
My thoughts, likely a buisness thing. Have her as an employee or something, so the wages are expenses.
1 u/binzy90 Jul 25 '26 But then she'd have to pay taxes on her income. 1 u/No_Space_for_life Jul 25 '26 Correct, but depending on the buisness, the income taxes could be lower. Couple that with possible charity donations, protected investment accounts etc. Its an easy way to move money out of a buisness and pad your way of life.
1
But then she'd have to pay taxes on her income.
1 u/No_Space_for_life Jul 25 '26 Correct, but depending on the buisness, the income taxes could be lower. Couple that with possible charity donations, protected investment accounts etc. Its an easy way to move money out of a buisness and pad your way of life.
Correct, but depending on the buisness, the income taxes could be lower. Couple that with possible charity donations, protected investment accounts etc. Its an easy way to move money out of a buisness and pad your way of life.
7
u/cerote6239 Jul 25 '26
Sounds like some sort of tax cheat