It is almost unbelievable since even for that amount of employment income, the total amount of taxes and any other fees cannot go beyond 16000. As for self-employment, where have the expenses for the rent, auto, electricity, and other office fees gone? It must be a big mistake.
Post by gotowork
找了会计报税,但一看要交近两万的税,想找一个省点的合法的方法。谢谢各位拉。
if you have about 50k profit, at this point, you really should be thinking about incorporate youself. the tax rate at this level is 13%(corporation) VS. 45%(individual). you do the math.
but that's the planning you should be giving some thougts, right now, what you can do is to try to slip your income between you and your spouse. and claim every possible expenses.
usually we suggest carry a business individually when you have a loss position, if you have other income at that time.