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Aella_Girl's profile
Aella
Aella
Aella
Verified account
@Aella_Girl

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AellaVerified account

@Aella_Girl

whorelord http://aella.hns.to 

Austin
knowingless.com
Joined September 2012

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    1. Aella‏Verified account @Aella_Girl Mar 20

      This year, I'm writing a check for nearly 50% of what I earned in 2020. I have it saved up in account, and I'm paying it in one lump sum to the government. It's a fucking brutal check. Imagine having 50% of your total yearly earnings in a bank account you have to give away.

      84 replies 20 retweets 611 likes
      Show this thread
      Aella‏Verified account @Aella_Girl Mar 20

      the 50% is due to 10% California income tax (before I moved away) + 15% self employment tax + high tax bracket. I'm switching to an S-corp this year.

      1:30 PM - 20 Mar 2021
      • 5 Retweets
      • 309 Likes
      • Kyle Widward Jason spl0000sh Kyle B. Day Scott Frank dysfunctionaledgar Thought ZePompom Prateek Patil
      21 replies 5 retweets 309 likes
        1. New conversation
        2. JgaltTweets‏ @JgaltTweets Mar 20
          Replying to @Aella_Girl

          Do you think it’s worth it as a membership fee to be a US citizen?

          1 reply 0 retweets 1 like
        3. Sam‏ @sam91860232 Mar 20
          Replying to @JgaltTweets @Aella_Girl

          Consider it a discount for not having a high level of public services.

          0 replies 0 retweets 4 likes
        4. End of conversation
        1. Apologetically Anonymous‏ @Songbir95377759 Mar 20
          Replying to @Aella_Girl

          Ok, and now prepare for when you're going to have to pay 90% for when the economic downfall of all the support programs will need to be funded.

          0 replies 0 retweets 6 likes
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        1. New conversation
        2. Scott Sanderson @ MCon‏ @San_person Mar 20
          Replying to @Aella_Girl

          The 100% owned s-corp is nice. S-corp can have its own bank account and qualifying business expenses paid from that account tax free without comingling with your personal account.

          0 replies 0 retweets 8 likes
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        2. Andrew Rettek‏ @oscredwin Mar 20
          Replying to @Aella_Girl

          This is why so many pro wrestlers end up as libertarian politicans. They're all self employed contractors.

          1 reply 0 retweets 10 likes
        3. Sachin‏ @sachinnbenny Mar 20
          Replying to @oscredwin @Aella_Girl

          this kind of makes sense. and Kanye West

          1 reply 0 retweets 3 likes
        4. Show replies
        1. D_Ross‏ @D_Ross Mar 20
          Replying to @Aella_Girl

          There are a lot of perks to owning your own business, if you know how to play the tax game. Lots of write-offs to run your business. You can set up Cash Balance Plans and Solo-401Ks to pay future you. Find a good CPA. They are worth their weight in gold.

          0 replies 0 retweets 0 likes
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        1. Woody.‏ @woodysalaskan Mar 20
          Replying to @Aella_Girl

          Just hope cali doesn't try to do as ny get that moving out tax

          0 replies 0 retweets 0 likes
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        1. AprilsFoolHODL‏ @AprilsFoolHODL Mar 20
          Replying to @Aella_Girl

          I live in Austin and now have no state income tax, I would never make my permanent residence California because not only did they have state income tax, it's increments up the more you make.

          0 replies 0 retweets 0 likes
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