Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income
truthout.org
This brings Tesla’s average tax rate over the past three years to 0.4 percent.
    • mycelium underground@lemmy.worldEnglish
      2·
      2 hours ago

      So you are going to open an LLC, transfer your wages to it(already taxed) so that you can buy everything for your life and then try and get a big deduction on the money that is left over(the LLC’s “profit”)

      I’m not sure that adds up like you think it does…

      • driving_crooner@lemmy.eco.br
        11·
        2 hours ago

        Here’s the thing: You are never going to pay for that. Just let the LLC go broke and then open other new.

        Follow me for more financial advice.