I genuinely did not expect them to respond to this:
This was so beyond ridiculous that I debated posting it. I wasn’t sure if people would believe it or not.
I genuinely did not expect them to respond to this:
This was so beyond ridiculous that I debated posting it. I wasn’t sure if people would believe it or not.
And then I bet they just make a new LLC to buy all the assets of the old one and reset the 10 year timer
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