filmov
tv
How Much Does It Cost to Start an S Corp? (Explained)
Показать описание
Start an S Corp with Northwest Registered Agent for $39 (Exclusive Deal):
In this video, I'll go over everything you need to know about the costs of setting up and maintaining an S Corporation. Because S Corps have pass-through taxation, it helps business owners save tons of money on taxes.
Get a reasonable compensation report for your S Corp from RCReports:
Check out Gusto here (get 2 months free with our exclusive link):
Our favorite business must-haves:
💳 Best business credit cards:
🏦 Novo (best business bank):
🖥️ Best AI website builder ($3/month using code STARTUPWISE):
⚙️ Northwest (best $39 LLC formation service):
💰 Payroll with Gusto (get 2 months free!):
👨💼 Best overseas staffing agency (save 80% on payroll):
Be sure to watch until the end of the video because I will be going over the types of fees associated with starting your S Corp, along with the best and most cost-effective services to use for a registered agent, business lawyer, and payroll. Although S Corps are more expensive to start and maintain than other business entities, the extra fees are often worth it because of the taxes that you could potentially save. Plus, most of the costs associated with starting and maintaining an S Corp are tax deductible anyways such as payroll and incorporation fees, so you'll be able to get that back by the end of every year. I always recommend for business owners and those who are self-employed to consider starting their own S Corp if they're making over $40k per year in profit.
If you liked this video and you want to learn more, make sure to check out our other videos on the channel:
Business Formation Playlist:
How To Set Up An S Corp In 2024 (Step-By-Step):
Should You Be Your Own Registered Agent? (Explained):
How To Get A Registered Agent for CHEAP (Step By Step):
Request New Videos Here:
More tutorials on our website:
Also, if you found this video helpful, please SHARE it with a friend or family member who it may benefit, as well as LIKE and SUBSCRIBE for more videos like this. Our goal is to help entrepreneurs with business formation, side hustles, and making money!
I hope you have a wonderful day!
-Charlie
#Business #SCorp #Entrepreneurship
Timeline:
0:00 - Intro
0:37 - General Costs To Starting An S Corp
0:50 - Articles Of Incorporation
1:36 - Corporate Seal
1:53 - Franchise Tax Prepayment
2:15 - Lawyer Fees
2:58 - Payroll Fees
3:36 - Accounting Fees
4:29 - Registered Agent Service Fees
5:06 - Final Thoughts
5:28 - Conclusion
Disclaimer: Some of the links above may be affiliate links, which means that if you click on them I may receive a small commission. The commission is paid by the retailers, at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All info from our videos is compiled from online sources and our own experience, and we encourage you to do your own due diligence. We appreciate your viewership!
In this video, I'll go over everything you need to know about the costs of setting up and maintaining an S Corporation. Because S Corps have pass-through taxation, it helps business owners save tons of money on taxes.
Get a reasonable compensation report for your S Corp from RCReports:
Check out Gusto here (get 2 months free with our exclusive link):
Our favorite business must-haves:
💳 Best business credit cards:
🏦 Novo (best business bank):
🖥️ Best AI website builder ($3/month using code STARTUPWISE):
⚙️ Northwest (best $39 LLC formation service):
💰 Payroll with Gusto (get 2 months free!):
👨💼 Best overseas staffing agency (save 80% on payroll):
Be sure to watch until the end of the video because I will be going over the types of fees associated with starting your S Corp, along with the best and most cost-effective services to use for a registered agent, business lawyer, and payroll. Although S Corps are more expensive to start and maintain than other business entities, the extra fees are often worth it because of the taxes that you could potentially save. Plus, most of the costs associated with starting and maintaining an S Corp are tax deductible anyways such as payroll and incorporation fees, so you'll be able to get that back by the end of every year. I always recommend for business owners and those who are self-employed to consider starting their own S Corp if they're making over $40k per year in profit.
If you liked this video and you want to learn more, make sure to check out our other videos on the channel:
Business Formation Playlist:
How To Set Up An S Corp In 2024 (Step-By-Step):
Should You Be Your Own Registered Agent? (Explained):
How To Get A Registered Agent for CHEAP (Step By Step):
Request New Videos Here:
More tutorials on our website:
Also, if you found this video helpful, please SHARE it with a friend or family member who it may benefit, as well as LIKE and SUBSCRIBE for more videos like this. Our goal is to help entrepreneurs with business formation, side hustles, and making money!
I hope you have a wonderful day!
-Charlie
#Business #SCorp #Entrepreneurship
Timeline:
0:00 - Intro
0:37 - General Costs To Starting An S Corp
0:50 - Articles Of Incorporation
1:36 - Corporate Seal
1:53 - Franchise Tax Prepayment
2:15 - Lawyer Fees
2:58 - Payroll Fees
3:36 - Accounting Fees
4:29 - Registered Agent Service Fees
5:06 - Final Thoughts
5:28 - Conclusion
Disclaimer: Some of the links above may be affiliate links, which means that if you click on them I may receive a small commission. The commission is paid by the retailers, at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All info from our videos is compiled from online sources and our own experience, and we encourage you to do your own due diligence. We appreciate your viewership!
0:06:28
How Much Is It? - Talking about Price | English Speaking for Real Life
0:03:21
How Much Does It Cost
0:05:35
Theme 14. How much - How much is it? - asking about prices | ESL Song & Story - Learning English
0:12:26
How Much Does It Cost to Start an LLC in 2024?
0:05:01
How much would it cost to buy the ocean? - Astrid J. Hsu
0:03:03
Comparison: How Much Would It Cost To ___?
0:07:59
How Much Does It Cost To Create A Grandmaster In Chess?
0:05:07
How to talk about prices in English - Basic Vocabulary
0:02:39
How much does it cost for school districts to ban cell phones in class?
0:16:10
How Much Does This Cost?
0:02:40
Learn Chinese | How Much Does it Cost? in Chinese - Easy Song
0:07:57
VanLife EXPENSES | How much does it REALLY cost?
0:18:17
HOW MUCH DOES IT COST TO OWN A HORSE? DETAILED COST GUIDE 💰
0:10:01
How Much Does Halloween Cost? | October 31, 2024
0:00:57
How much does it cost to fill up your tank and what kind of car do you drive?! #money #finance
0:00:33
How Much Does An AIRPLANE COST?! | Boeing 737 MAX 8
0:20:02
How Much Does It Cost To Have A Baby In India? | Moneynomics | Neil Borate
0:19:07
How Much Does it Cost to Build A Gaming PC?
0:10:44
How Much Would The FNAF Animatronics ACTUALLY COST?
0:11:02
How Much It Would Cost to Build Famous Landmarks Today
0:02:54
How much does it cost to build an app?
0:06:47
How Much Should A Wedding Cost?
0:03:13
How much does it cost to make a movie?
0:16:07
How Much Does Homesteading Cost? Complete Breakdown Of Two Types Of Costs!
Комментарии