chapotraphouse

13198 readers

375 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Vaush posts go in the_dunk_tank

founded 3 years ago

MODERATORS

[email protected]

Are the Boomers Okay? (lemmy.dbzer0.com)

submitted 7 months ago by [email protected] to c/[email protected]

29 comments fedilink hide all child comments

I genuinely did not expect them to respond to this:

This was so beyond ridiculous that I debated posting it. I wasn't sure if people would believe it or not.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 8 points 7 months ago (1 children)

And then I bet they just make a new LLC to buy all the assets of the old one and reset the 10 year timer

[–] [email protected] 8 points 7 months ago

That’s what independent contractors do. They flush all income through it then deduct all car mileage and miscellaneous expenses through it and “pay” themselves a meager wage from that income. The LLC or S-corp shows paper losses and since it is a flow-through entity they get to deduct those losses on their personal income taxes