Search results
-
D
Seeking to Reduce Tax on American Income While Staying in Home Country (Portugal)
when you say it *should*, that you have never filed taxes & that you're paid in crypto, has that been going on for a long time(over 1 year)? is this crypto in a custodial or non custodial wallet? if your income is simply self employment, theres no structuring to be done(not at 100k/yr atleast...- drysponge
- Post #11
- Forum: Tax, Accounting, Licensing & Legal
-
D
Seeking to Reduce Tax on American Income While Staying in Home Country (Portugal)
"Don't like German tax? Don't live in Germany. Simple as that." is your income solely personal income? are you an employee?- drysponge
- Post #8
- Forum: Tax, Accounting, Licensing & Legal
-
D
is it true that tax jail is like a hotel?
No, maybe in norway though- drysponge
- Post #3
- Forum: Tax, Accounting, Licensing & Legal
-
D
So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file
You operate in the imagination- drysponge
- Post #47
- Forum: Tax, Accounting, Licensing & Legal
-
D
Putin issues warning to United States with new nuclear doctrine
a fun rabbit hole to explore is that the ukraine russia war has been nuclear for years now. https://twitter.com/x/status/1836245386568384949 https://twitter.com/x/status/1838576347402428650 https://twitter.com/x/status/1822462742957293667 https://twitter.com/x/status/1659183755406491651...- drysponge
- Post #4
- Forum: Let''s talk body
-
D
So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file
"you owned a house last week." "no idea what you are talking about, i own nothing *smirk*" "you are going to federal prison for tax evasion." "Oh."- drysponge
- Post #27
- Forum: Tax, Accounting, Licensing & Legal
-
D
So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file
if you are young and don't work a job thats withholding its really easy to ignore your tax responsibilities, you dont even have to do anything!- drysponge
- Post #22
- Forum: Tax, Accounting, Licensing & Legal
-
D
So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file
in what way are these threads related?- drysponge
- Post #15
- Forum: Tax, Accounting, Licensing & Legal
-
D
So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file
failure to file & failure to pay cap @ 25% of the debt ea, 9k tax debt for income of ~55k + 50% would result in ~120k debt, no where near the 500k figure op is worried about. maybe theres property tax im not including that make this worse, if "not doing well at all" means closer to the median...- drysponge
- Post #13
- Forum: Tax, Accounting, Licensing & Legal
-
D
So I am in some deep waters with the IRS, I didnt file for about 7 years and they now want me to file
iirc IRS debt interest rate is ~8% that would need to be ~55k a year in taxes to be 500k? unless you where not doing well at all on a 200k income that doesn't sound right. you will be OK!- drysponge
- Post #11
- Forum: Tax, Accounting, Licensing & Legal
-
D
BVI company as a trust?
to what end? is coffee good for you? if you are sleepy yes, unless its bedtime then no. "good" is subjective subject to cfc rules, sure. but whats that got to do with anything if you're not trying to save tax. BVI also started requiring annual filings from companies & requiring copies of FATCA...- drysponge
- Post #2
- Forum: Offshore Company
-
D
Where to Incorporate Parent Company Cyprus/Estonia/Hungary/Hong Kong/US?
a parent of the Australian company? is the plan here to heavily expense the subsidiary for deductions? hows that work? NHR self employment rate is 20% corporate is 21% you would be charged one of those no? Ireland / Cyprus (12.5%) or Hungary (9%) make the most sense to me with the thought...- drysponge
- Post #8
- Forum: Offshore Company