✅ LLC vs. S-Corp: Save Money On Self Employment Taxes | S-Corp Tax Benefits

preview_player
Показать описание
✅ SUBSCRIBE & RING THE BELL for new videos every day!

BUSINESS RESOURCES*:
💰NOVO: NO FEES, ABSOLUTELY FREE Business Checking Account:

INVESTING - GET FREE STOCKS & CASH*:
💵 BITCOIN IRA:
💵 E*TRADE:
My favorite brokerage E*TRADE: open a brokerage account & receive a reward:
💵 WEBULL:
Get 2 FREE Stocks by Joining WEBULL Trading:
💵 ROBINHOOD:

PERSONAL FINANCE RESOURCES*:

EDUCATION:

🎥 WATCH NEXT:

*****************
👋🏻SAY HI ON SOCIAL:

*****************
Disclaimers: The information provided on this channel should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or a legal professional that would take into account your specific circumstances. Opinions expressed are solely my own. Only publicly available information has been used.
Рекомендации по теме
Комментарии
Автор

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

EleanorMabel
Автор

Incredibly informative. 🎉 Like... thank you

tamarunitamaruni
Автор

can you explain what is distributions and what is deductions? thank you

alandow
Автор

Thanks for the knowledge share my lady!

AnthonyJames
Автор

Can you show us a fictitious K1 with the wages reported as well as the shareholder distribution.

efrainanaya
Автор

Who are they (the IRS) to say what is reasonable? That is extremely subjective.

DanielDuhon
Автор

I do independent contractor work and have 6k of wages between two 1099 NEC’s. Someone recommended I file for S corps to avoid paying those taxes get money back in taxes instead. Should I file for S corps?

elichasteen
Автор

@lena couls you do another video on seld employment tax. Thank you

SharonsYTchannel
Автор

Hi Lena! I am an accounting student. How long do you spend researching this info before a video? Or do you have all this info on the tip of your tongue?

lubucao
Автор

@Lena -- I was curious at want point is it beneficial to convert from a LLC to an LLC S- Corp? Is there a monetary value rule that applies?

bjen
Автор

If a SCorp is single person owned and salaries himself, is he allowed to get the self employment deduction?

Or no because he employed himself ?

NewJerusalemBaptist.Church