This is all a bit depressing if you are employed! The self-employed docs are walking around a candy store on most of the threads on the new tax bill. It is a giant loophole for the self-employed if you care to be creative enough. The W-2 folks get some lower brackets, but nothing to the degree of the amazing "pass through" gift. and if you are in NY/NJ/CT/IL/CA, enjoy being the piggy bank that funds everyone else's tax cuts.
Has anyone thought outside the box if you are employed? Is there any possible way of characterizing W2 income as 1099 income?
Has anyone thought outside the box if you are employed? Is there any possible way of characterizing W2 income as 1099 income?
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