Show Me The Money
October 20, 2010 9:50 AM Subscribe
I work full time in the US. A European company wants to hire me as a consultant on a contract basis. How can I minimize my tax burden?
posted by anonymous to work & money (4 answers total)
I have a small LLC that I formed a few years ago to do technical services and website design. This company has been somewhat dormant (although with about $1500 income this year). The work I will be doing for this new company is less technical services and more business development. I'm not sure it fits into the original charter of the company.
I stand to make between 10 and 25k over the next 1-2 years with this European company. I currently have a very high tax burden with my full time job. How can I structure this so that I can minimize the income tax?