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Lets consider I have got a Job of 100k/year, which Im planning

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Let's consider I have got...
Let's consider I have got a Job of 100k/year, which I'm planning to take on my S-corp.
My question is can I outsource it to other company X, work for that company full time and pay them 70k out of 100k. They will pay me 60K out of that money and keep 10k as their profit. Remaining 30 K will be with my S-corp/me, which I have to pay taxes on it.
Will this work?
Submitted: 7 years ago.Category: Tax
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10/2/2010
Tax Professional: William Ellis, CPA, CPA replied 7 years ago
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