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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In this Episode Marcus Mire, CPA is joined by Reese Theriot CEO/Founder of Fulcrum Sales and Marketing to share what business owners can be doing to increase revenue. Reese shares his experience in sales and marketing and challenges business owners to no longer rest on referrals but instead create channels that bring consistent business.
You can find out more information about Fulcrum Sales and Marketing at their website.
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...