Offshore Business - Pay Low Tax

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Revision as of 07:54, 5 February 2025

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For my wife, she was paid $54,187, which she is not taxed on for Social Security or Healthcare. He has to put 14.82% towards her pension by law, making her federal taxable earnings $46,157.

Julie's total exclusion is $94,079. On her American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. tax.

In our software company there are two to help build wealth and in which through intellectual property and maintenance legal papers. These two things used together will build a provider that could be sold for 2-4X revenues. Now to foster that investment with leverage, I personally use them the "Infinite Banking Concept" to lend money into the business through "my own bank." Now the money enterprise pays me comes back as investment income which means lower transfer pricing taxation. The new revenue extra maintenance contracts bring foster new legal contracts. The next step for you to use "good debt" to leverage our coverage and acquire more maintenance contract revenue with our software platform.

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When searching for a tax attorney, always find out their specialties. One lawyer end up being more experienced in tax fraud cases than the next. If your problem also contains accounting issues, search for an attorney exercises . has a Masters of Laws in Taxation. Unsure what are usually? Many lawyers will cost-free consultations in which means you won't remain in the dark. Substantially doubt, conditions lawyer incredible phone contact us. Issues with the internal revenue service should halt taken lightly.

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