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 invites business growth coach Jeff Martin to discuss how coaching can change the trajectory of your business. Learn the difference between consulting, advising and coaching and where each plays a role in the direction of your business. This episode should motivate you to change and prompt you to call a coach to keep it up!
You can find more info about Jeff's work at his website: www.companygrowthacademy.com
You can take the Business Assessment here: https://mybusinessreport.com/assessment?ref=jeffmartin1
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...