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 sits down with Kirt Boudreau and talks about how Christian business leaders can run their businesses as unique ministries to their employees and customers.
Kirt is the chair of the local C12 chapter and works with Christian business leaders to evaluate and align revenue growth strategies, financial stewardship, cultural development, and operations within a framework of Business as a Ministry.
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...