How do y’ll save money on taxes? Other than obvious routes like 401k.

like
Posting as :
works at
You are currently posting as works at

Im exploring the option of being offered 1099 instead of w2 at my next position. I'm told you are allowed to expense way more liberally and reduce the taxable income this way.

smart

I thought that was for independent contractors.

Related Posts

Can someone confirm how long does a maintenance case take if wife is earning almost twice of husband and taken the kids along with her? Neither willing to stay in matrimonial home, not willing to give the kids or come back because she wants to work in another city and stay close to her own parents.
Demanding huge money in the name of kids to end the case. Should the guy pay the amount(1.5 times his CTC) or should wait for court?
How much maintenance is she eligible for considering her income?

like

Anyone took personal loan from HDFC !!
What are their interest rates and charges ?
Which bank is best for personal loan considering all charges/ interest rates and all ??

Travel and TTC combo haven’t worked. After 6 months, the only offer I got included 4 weeks paid and FLMA only after 1 year. So 1) go and risk laughable benefits or 2) stay but risk TTC. So shitty 😭

like

How long do fed agencies give for maternity leave? does it matter if you take leave within your first year? does it vary from agency to agency? Specifically interested in SEC/CFTC.

like

Is it still worth buying Tesla stock? Especially after rising so much since year start?

like

What are benefits we get when we join Nokia Noida office in sec 62. I have got an offer from Nokia.

How to best calculate the loss of value(diminished value)to my car due an accident? Insurance agency quoted a really lower amount.

like

Rental Housing/Airbnb viability. I have a small portfolio of rental properties on Long Island (NY). I rent them out to long term tenants but there is very little Airbnb activity in this market. I think the yields will increase significantly with an ABNB approach but then again these aren’t sexy locations (in Nassau County) and there isn’t much in terms of attractions that would drive renters to these areas. Summer time yes, winter time not as much. Anyone have any experience in a similar market?

like

Since housing is going crazy (atleast in FL) I am still thinking to buy or not. Or should I invest in REIT to gain some profit by riding the wave?

like

I'd like to buy, but the market is absolutely atrocious currently

like

What kind of structures do everyone have for origination? Our practice is expanding to plaintiffs personal injury and exploring different benefits programs for attorneys who bring their own cases. So far we’re thinking a points system towards bonuses, but unsure.

like

My monthly salary is around $6.4k after-tax. Living in NYC. Do you think it’s reasonable that I pay:
- about $1.5k on rent
- about $500 on utilities and subscriptions
- about $900 on student loan
- about $2k on food and etc.
My saving goals is around $3k so been trying to adjust my monthly spending.

likefunny

This is a random question!

Does anyone know if insurers outside health insurance cover/reimburse travel vaccine costs as part of named benefits coverage by employers?

Like of you have a lot of international / extended business travel and need travel vaccines would Lloyd's cover the cost?

Looking to purchase my first home…yes at 47 years old…single family for me and my 4 daughters. Need a good mortgage with a low interest and a good program for teachers. In Northern California

like

Do you recommend buying a PC or Mac for someone who is just about to get into cybersecurity? I slightly prefer Mac but would purchase a PC if there are any benefits.

like

Is it a bad idea to buy my first home given the current interest rates?!

like

How to calculate in hand salary and how much will be tax and how to save taxes? Old or new tax regime?

Having a PPF invested for 1.5L IBM

Post Photo
like

How long do you guys think it will take for rental prices to rebound?

Looking for a new apt, and noticed 24 month leases cost more net effective (obviously because prices should increase next year).

like

I am an expert Crypto currency trader, I do Binary/Stocks FX trade using Bitcoin and other Crypto currency and it's very profitable.

If you don't have experience about it i will teach you...

like

Is flipping houses worthwhile? I like decorating and renovating, so I'm thinking that maybe I could go into this and try my luck.

like

More Posts

Best Mens white formal and informal slim fit shirts?

like

Hey all - looking for help finding new men’s clothing for casual wear (all seasons). What’re your go-to brands?

Trying to expand my style & look at new brands - currently shopping at Zara, H&M, Bonobos, Banana Republic

Thanks for the help!

like

I am planning to buy a car. Is there any corporate discount at Citi (CSIPL) for that ?

like

Hi All, just sharing what on mind to vent it out from my system. Maybe with this I could gain some insights and inspiration.
I have been working as a data scientist since 2018 & have been the bread winner. I have neither been under a proper mentor nor with a team of peers from my field to help me out. I was alone and confused. I have never really got the chance to prove myself which makes me all the more depressed. I'm not sure what to do with my future, indecisive and low on confidence.

like
like

Trying to explain billable hrs to hubs. I billed 160 this month, which he said “is only 40 hr weeks” (true) - but how many hrs do you figure you “work” or are in the office to bill 150?

like

Hi Designers,
Been working as an Assistant Technician for 3 years (2 years excluding pandemic) pay is £21k now £22 adjusted for inflation. I will be completing my Part 1 in architecture but also have a degree in Technology, should I find a different company after graduation or take roles offering £30-45k as an Architectural Technologist/Technician.

smart

Trying to find freelance job or full time job I’m a draftsman Cad drafter and 3D visualizer

like

How to best calculate the loss of value(diminished value)to my car due an accident? Insurance agency quoted a really lower amount.

like

Rental Housing/Airbnb viability. I have a small portfolio of rental properties on Long Island (NY). I rent them out to long term tenants but there is very little Airbnb activity in this market. I think the yields will increase significantly with an ABNB approach but then again these aren’t sexy locations (in Nassau County) and there isn’t much in terms of attractions that would drive renters to these areas. Summer time yes, winter time not as much. Anyone have any experience in a similar market?

like

Any good grief counseling in Chicago or remote? My dad has late stage cancer and is dying. Need help to process this.

like

Hi, Can anyone working at SAP help me get a referral for a cloud developer role I'm trying to apply!

like

Fishies—does anyone know of a way to convert a deposition transcript to remove all page:line numbers? I’d like to use text-to-speech to listen to transcripts but I can’t in the normal format.

like

When are your offices planning on reopening?

like

Anyone know how to get a position as an HRBP without HRPB experience? All positions I've looked at want previous experience. Would over 5 years of HR experience and a PHR suffice, or what skills should be added to that?

like

Any idea what all features of screen tracking tool lti is utilising?

like

First interview at a biglaw firm. Just graduated and want to pursue transactional areas, no prior experience. I feel like I’m a risk of a hire in their eyes so any advice?

Anyone from JLR ?

like

Additional Posts in Desi Consultants

I have an annual membership to tryexponent for FAANG and tech prep. I don’t need the membership anymore and have about 6-8 months. I can share my creds for $60. The content was extremely helpful, I made it to Amazon. Let me know if anyone’s interested

What are some of the useful gifts you've given to parents and grandparents when visiting them back home from US? I'm going to India soon and was wondering what to gift them.

So grateful I have my GC and orange cheeto can’t get me now!
F-1 to H-1 to GC to Citizenship ✈️ 🧚🏾
- Brown Tinkerbell

like

Planning on getting married in a temple in the US. Does anyone know what all paperwork (eg marriage license, certificate, registration) I should be thinking about and how to get it done?

like

Guys - Any good insurance suggestion for parents that covers both Canada and US and good number of in-network doctors. Father might need to get checked up here as he got sick last time he was here

🐠 what has your experience been on indian matrimonial sites? cant seem to wrap my head around the whole process. People take nos., never call, or talk for a bit then vanish. Curious to hear M/F🐠 exp

Which company will deliver Rakhi in one day to India? Flipkart giving estimate of 17 Aug and giftstoindia24x7 gives a range but near product it says same day not sure what to do?

Would you rather stay in a boring job (good pay, good wlb, boring work) for a year and get your green card or switch to a better company and let the greencard go? The boring job is also does not have a lot of work in the pipeline.

like

Most South Asian names seem to be anglicized in the US. Since it seems inevitable, any new parents have experience with getting ahead of the curve & going with an anglicized version in birth cert?

like

How do you split income/expenses with your spouse? Wife earns about 75% as much as me. Don’t have kids yet. Do you have a joint account for everything or do you split common expenses 50-50 or in proportion to income? Something else? This has caused some contention so want to benchmark. Thanks!

funny

What kind of jobs can one get with a Msc in Chemistry?

Are remittances / gift sent from US to India (from post tax money) considered for any tax breaks or deductibles in the US?

likefunny

Is it possible to apply for a home loan in the US for a property in India?

Can we claim for education loan interest deduction while filing our taxes if the loan was taken from a foreign (ex. Indian) bank?

Any good tiffin services in jersey city?

Are you guys all tech consultants?

Any recommendations for books for desi parents ? Politics , economics, world order , self help

Anyone did a H1B transfer recently using premium processing ? Trying to understand timelines

like

Recently sold my car on carvana. I had initially bought it using a loan from DCU. Now that carvana has paid me the balance after paying of the loan, i still see on the dcu app that I owe money to dcu. People that can relate, can you take me through next steps?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal