S-Corp is a good idea since you seem to be funneling everything into long term investments, but you would want to check on how your state treats S-Corps because it varies a lot and some just treat them as regular old C-corps

I see

I do not consider 401gay to be a tax shelter

Are you an actual lawyer @UOC

yes

retirement accounts are no good for me unless they are going to provide me a tax advantage on paying my bills from them at age 31

Or just a fag

Oh cool

lawfag

I will take your advice though

just look up tax lawyers from l33t practices

How much money are you playing around with

Out of curiosity

If you want to pay out of accounts at 31, don't use the common tax sheltered stuff. But depending on what you want to pay for, Roth IRAs have some pretty good provisions for like first time home purchases

But IRAs and 401(k) are still a good idea because they're capped relatively low. You don't really miss out on much by contributing the 21000 total or whatever it is now, and it's a good long term hedge

because it's pre-tax it would lower your effective income

lowering your effective income is the name of the game in tax these days

business write-offs, shelters, etc

@TendieLord He's projecting 6 figures annually from this scheme

1-200 I think he said

worth getting tax advice for sure

What scheme

selling chinese trash to idiots

Is he prostituting himself?

Oh that scheme

Oldest trick in the book

Well, second oldest

After sucking dick

lol

I am going to commission somebody to make shirts for us saying that

Is the Chinese trash you're selling Asian gfs?

no, those at least have some intrinsic value

Shit

you could at least compost those or something

what I'm selling is far more useless than that

Would you become a slave trader if it was legalized

I think I might

if it was legalized I definitely would

I would sell POCs for money

or rather hire someone to do it for me so I don't have to even look at them

tfw no exotic oriental slave gf