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Respond to this thread if you earn less than $60,000 a year and are surviving... I am doing a little experiment here to prove a point.
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Anonymous Coward |
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Self employed. My business takes in about $90k, I pay myself $48k a year.
Side question: If I ever close down the business at any point in the future, I assume they tax on what is being transferred from my business to personal acc?
Quoting: Anonymous Coward 75467562 No, go see an accountant so that doesn't happen.
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