Tom Wu
Tom Wu
Aug 23, 2017 · 1 min read

This does not include the tax factor. Contractor can

  1. Expense on auto leasing, gas etc.
  2. Expense utilities such as cell phone, internet plan, partial home bills such as mortgage interest, electricity, water etc.
  3. Your cool stuff like phone, computer, and experimental hardware can be your business expense
  4. Education, learning portal, subscriptions can all be part of business expense
  5. If your wife does bookkeeping/accounting/scheduling appointment, then you can pay her to lower your tax barrier through dividend or salary (e.g. $???)

You may save at least over 10% — 30% over permanent salary.

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    Tom Wu

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    Tom Wu