Should I set up a company as an independent contractor working overseas?


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Hello Everyone!

I am an independent contractor working for a US company in Thailand. I am able to use the FEIE (Foreign Earned Income Exclusion) to mitigate a good portion of my taxes but still have to pay the 15.3% self-employment tax.

Is there a way to set up a company/business structure to help mitigate or eliminate the self-employment tax? Like an LLC/C Corp/S Corp?


submitted by /u/PostNarcissism
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