I genuinely did not expect them to respond to this:

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This was so beyond ridiculous that I debated posting it. I wasn't sure if people would believe it or not.

  • FloridaBoi [he/him]
    ·
    8 months ago

    That’s what independent contractors do. They flush all income through it then deduct all car mileage and miscellaneous expenses through it and “pay” themselves a meager wage from that income. The LLC or S-corp shows paper losses and since it is a flow-through entity they get to deduct those losses on their personal income taxes