Recent content by MisterE
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US digital consultant, ~80k profit/yr legitimate, need help shielding income
Hi all, before joining gold I posted an idea that I had here: Critique my tax solution (digital consultant, ~80k profit/yr) I need to ensure that income I receive is not associated with my US taxpayer ID. My business is legitimate. My greatest concern with using a third party service provider...- MisterE
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- Replies: 2
- Forum: Request Help!
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Critique my tax solution (digital consultant, ~80k profit/yr)
How can I mitigate/minimize the risks?- MisterE
- Post #15
- Forum: Tax, Accounting, Licensing & Legal
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Critique my tax solution (digital consultant, ~80k profit/yr)
The LLC doesn't distribute profits to someone else via ACH or checks””the LLC profits are withdrawn periodically by me using the company debit card. If the LLC has s legitimate bank account and tax ID then it's also possible to obtain a business credit card (for my exclusive use) and use that...- MisterE
- Post #12
- Forum: Tax, Accounting, Licensing & Legal
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Critique my tax solution (digital consultant, ~80k profit/yr)
Thanks for replying! It won't actually appear that my friend is sending me any money at all. The money will end up in the LLC's bank account, which I'll have the debit card for. As soon as money gets deposited, I can withdraw it in cash via ATM. Since I'll have the only debit card, I'll...- MisterE
- Post #8
- Forum: Tax, Accounting, Licensing & Legal
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Critique my tax solution (digital consultant, ~80k profit/yr)
Thank you for your reply. I have no problem paying the taxes; my main goal is to ensure that the income is not reported on my personal tax ID in any way while staying off any radar and minimizing any legal exposure. I've seen the ads and the service providers who will offer a do-it-all...- MisterE
- Post #5
- Forum: Tax, Accounting, Licensing & Legal
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Critique my tax solution (digital consultant, ~80k profit/yr)
I'm a US citizen and I need to ensure certain consulting income is not attributed directly to me. Unfortunately, being paid under the table is not an option. The payments will be made via credit card (Stripe) or via ACH. In both cases, the payments will be from legitimate US entities which will...- MisterE
- Thread
- Replies: 18
- Forum: Tax, Accounting, Licensing & Legal