Someone told me this hack at Hustle Con. Sounds too good to be true: She owns a business. Gets 3% cashback on her credit card up to $300k. Instead of paying herself a salary, she pays herself a portion of that $300k and it's tax free personal income. Anyone know about this?
-
Definitely taxable
I haven't read this entire thing yet. But it might not be: https://www.irs.gov/pub/irs-wd/1027015.pdf …
-
-
not taxable...it's a rebate on money that you already spent
-
Company spent the money...indv taking rebate
- 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.