Recent content by qwertyanonok

Yes, it is an LLC. Normal business expenses are already being deducted but it is not enough. Need more large deductions which is the reason for this plan. I'm not sure I understand your last comment about "quality of life"?

The goal is to reduce company profits which in turn reduces tax on business owner so the owner ends up with the money untaxed.

Why not if using proper OPSEC? Is there somewhere else this discussion would be better handled? I am open to PM's if I am missing something.

I am working on a plan to reduce taxes for a U.S. company that is owned by a U.S. citizen. I was initially thinking offshore might be a good plan but it seems very difficult for US citizens these days especially for an already established company to shift income. Upon reading many posts about...