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Re: Income splitting
FKatz,
So, my husband and I are just getting started driving team. In a couple of weeks we will being working with a fleet owner and driving for FedEx CC.
What do we need to know about tax issues?
Do we need to set up a separate business entity? What are the different types and what would be the best for husband/wife team?
What can we write off as a business expense?
I may have more questions, but don't know enough at this point to know what to ask.
Thanks.
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