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07-01-2007, 07:45 PM
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nitroman
Join Date: Jun 2006
Location: Young
Posts: 322
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Just a question for those of you who are financially educated.
Instead of working for my boss making 15 bucks an hour, paying income tax and struggling to pay for everything else, could I form a company,charge my boss say 30 bucks per hour, claim my xr8 and fuel and whatnot as expenses for running my business and then pay tax on what I have left? I want to get out of the rat race so any input will be very appreciated.
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AU1 XR8 E303 cam,Crane Rockers,Crane double valve springs,Rollmaster roller timing gears,Crow +80" pushrods,SS cold air induction, 2 1/2 inch custom exhaust,Capa flash tuner.KONI shocks. EF fairmont wagon. GASGAS 400 enduro. Honda hr192 mower |
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Should I form a company?
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