Worse. You can start a non profit and have it purchase loads of books giving you royalties. Then “donate” the books for a write off and basically give yourself money tax free.
I was just thinking that! For bonus points, you call it a charity. It’s not like they’re ever going to investigate since your buyers are in on it. They want to get scammed by you. That’s the whole point.
Worse. You can start a non profit and have it purchase loads of books giving you royalties. Then “donate” the books for a write off and basically give yourself money tax free.
Meanwhile i paid over 100k in federal taxes
You made almost 375k last year? Oh boo hoo
Wouldn’t it be more like 286K?
No
100k pennies?
Me too :(
Pretty sure that’s what happened with the Three Cups of Tea thing…
I was just thinking that! For bonus points, you call it a charity. It’s not like they’re ever going to investigate since your buyers are in on it. They want to get scammed by you. That’s the whole point.