Difference between revisions of "Offshore Business - Pay Low Tax"
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Revision as of 05:05, 10 September 2024
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Estimate your gross total wages. Monitor the tax write-offs that you could be able declare. Since many of them are based upon your income it is useful to prepare yourself. Be sure to review your revenue forecast going back part of year to assess if income could shift in one tax rate to an extra. Plan ways to lower taxable income. For example, check if your employer is ready to issue your bonus at the first of year instead of year-end or if perhaps you are self-employed, consider billing client for work with January as opposed to December.
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