This answer is correct, that form is called IRS W-4. All employers give this with setting up payroll.
The thing is, the IRS will still know how much you made and will be able to tell if those exemptions are authentic based on your tax return, so you’ll still end up paying.
You could try to negotiate a 1099 contractor agreement sans the 1099 and pray the IRS never figures it out, but the company takes a risk with this too, bigger than the contractor, because they want to deduct your pay as an expense, and documentation is required.
Even better: work for a cash business and take your income in cash. Things might get a little spicy if you’re depositing that much cash every month at your bank.
tell the bank to mind its own business and keep all your deposits under the $10,000 reporting threshold but not in such a way that you are deliberately keeping it under that value so you’re not guilty of structuring. But also banks tell the IRS your account values regardless because interest is taxable so you might be fucked regardless if the IRS cares. Just be rich and use loopholes, or be too poor to pay taxes, or pay.
This answer is correct, that form is called IRS W-4. All employers give this with setting up payroll.
The thing is, the IRS will still know how much you made and will be able to tell if those exemptions are authentic based on your tax return, so you’ll still end up paying.
You could try to negotiate a 1099 contractor agreement sans the 1099 and pray the IRS never figures it out, but the company takes a risk with this too, bigger than the contractor, because they want to deduct your pay as an expense, and documentation is required.
Even better: work for a cash business and take your income in cash. Things might get a little spicy if you’re depositing that much cash every month at your bank.
Just tell the bank you won it at rolling dice in the alleys or by day trading POGs at schoolyards.
tell the bank to mind its own business and keep all your deposits under the $10,000 reporting threshold but not in such a way that you are deliberately keeping it under that value so you’re not guilty of structuring. But also banks tell the IRS your account values regardless because interest is taxable so you might be fucked regardless if the IRS cares. Just be rich and use loopholes, or be too poor to pay taxes, or pay.