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 chats with Josh Parnell, a man known as the bearded leader!
He’s an experienced leadership coach and he doesn’t hold back in this one. I know you’ll hear something that will change the way you lead for the better - right now.
“When emotion is high, logic is low!” this is just one example of the many insights you’ll hear about leading your team through change.
Stay tuned for the J curve. That was really applicable!
If you want to connect with Josh you can find him here:
https://www.thebeardedleader.com/
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...