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Messages - wolfewithane

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General Stock Discussion / Re: Moving to the U.S.; tax questions
« on: September 21, 2020, 04:59 »
As mentioned, it's best to get in touch with an accountant since the US tax code can be rather complex for business related income. Many tax deductions can be made for equipment, mileage etc. and an accountant will be able to help you navigate this. If you're making enough income you also may look into your accountant creating an S Corp (personal corporation), which has many tax advantages.

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