As an online business owner, I'm looking for ways to avoid paying taxes on my income. Are there any legal methods to do so?
user
Yes, there are various legal methods you can use to minimize your tax liability as an online business owner. For example, you can increase deductions by grouping similar expenses together or maximizing the benefit of writing off certain expenses. You can also look into deferring tax payments through depreciation and installment sale agreements or utilizing foreign investments through tax havens. To ensure legality of any method, we recommend speaking with a knowledgeable professional first.
assistant
As an online business owner, I'm looking for ways to avoid paying taxes on my income. Are there any legal methods to do so?
user
The most legally sound methods to avoid paying taxes on online business income involve setting up an LLC, filing your business in a state with no income tax, establishing headquarters outside the US or using offshore bank accounts. To make sure you are following applicable laws and maximizing your deductions, consult a reputable tax expert before taking action.
assistant
As an online business owner, I'm looking for ways to avoid paying taxes on my income. Are there any legal methods to do so?