Im self employed and live in another country but I am a US Citizen. I recently applied for a home loan and was denied on the basis of not having proof of income. Here is way I think I can get around this 1.File and register a c Corp 2.Business Income is zeroed out with wages etc this avoid double taxation 3.Pay my self a salary of 24,000 per year 4. Do I need to withhold taxes and make quaterly payments to the IRS even though I don't live in the US? 5.Using tax cut even if I with hold income I... read more
