HailToTheChiz Auburn Fan Behold, SKYWHALE! Member since Aug 2010 5910 posts
Spinoff from taxable income (Posted on 7/10/13 at 6:17 pm)
Hypo: You work for State X. You are told that you can receive more income and not get taxed as much if you start a Partnership, LLC, Corporation etc., so that your payments can go to the business instead of just to you through the state.
TyOconner Troy Fan NOLA Member since Nov 2009 9840 posts
re: Spinoff from taxable income (Posted on 7/11/13 at 8:59 am to HailToTheChiz)
I'm not sure if I quite understand what you are asking. Why would they want to pay you outside of their system? Reduce payroll? And also wouldn't they have to pay you more when you are a consultant? Just seems sketch or unneccessary to me.