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, Adam Carroll shares a unique method to "shred" your debt. Adam is unapologetic in his departure from conventional financial advice. He makes a compelling case for amazing results for the willing few who follow the method.
You'll learn more about his debt-shredding strategy in this conversation as it's colored with questions by host Marcus Mire (A professional CPA) and co-host Tyler Woerner who's not as quick with the numbers.
Discover the Shred Method
You can find more about Adam and the shred method here:
https://www.theshredmethod.com/joinplan
What Adam Learned From Playing Monopoly with Real Money
You can listen to Adam's TedTalk here:
Free Student Debt Documentary
Adam has given our listeners free access to download his documentary on student loan debt using the code "SHARE" in checkout. Check it out here: https://www.masteryofmoney.com/bbd/
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...