5 min read
Does an S Corp Election Actually Save You Money?
There is no income threshold that makes an S corp election automatically worth it. The election works by moving part of your profit out of...
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If building your network seems like an exhausting chore you’ll be encouraged by this episode. Marcus Mire, CPA sits down with Tommy Dauphine who went from being scared to make a sales call to becoming a senior account exec. And he credits it all to what he has coined as “genuinality.”
You can connect with Tommy on LinkedIn here:
https://www.linkedin.com/in/thomasdauphin/
Or listen to his Podcast "Hope That Helped with Tiffany and Tommy" here:
https://podcasts.apple.com/us/podcast/hope-that-helped-podcast/id1537089232
5 min read
There is no income threshold that makes an S corp election automatically worth it. The election works by moving part of your profit out of...
4 min read
Self-employment tax is the same Social Security and Medicare tax that comes out of a W-2 paycheck. As an employee you pay 7.65% and your employer...
4 min read
Contributing your own money to an LLC is not taxable income to the business and not a deduction for you. Taking profit distributions out later is...