Watch more How to Do Your Taxes videos: http://www.howcast.com/videos/422992-How-to-Pay-Taxes-on-Your-Small-Business Step 1: Make estimated tax payments Make quarterly estimated tax payments to the IRS if your total tax bill in a given year will exceed $500. Estimated tax payments are due 4 times a year on April 15, June 15, September 15, and January 15. Tip Pay self-employment tax if your annual net earnings will be $400 or more. Step 2: File a tax return File an annual income tax return. The form you use will depend on how your business is organized -- whether it is a sole proprietorship, partnership, corporation, or limited liability corporation. Tip Keep tax-related documents for a minimum of 7 years. Step 3: Pay excise tax Pay excise tax if your business engages in qualified activities. For example, excise taxes are levied on certain trucks and buses used on public highways. Step 4: Withhold employment taxes Withhold employment taxes from the salaries of your employees. Employment taxes include withholding, employer matching, and unemployment taxes. Depending on the size of your payroll, employment taxes are due weekly, monthly, or quarterly. Step 5: Pay sales tax Register with your state's tax department and pay sales tax if your business makes a taxable product. Sales taxes are due quarterly or monthly, depending on the rules in your state. Most services are exempt from paying sales taxes. Step 6: Pay additional state and local taxes Pay additional state and local taxes that are applicable to your business. Consult your local government offices or a tax attorney to determine whether you are responsible for additional taxes. Did You Know? In 2008, tax revenues in the United States represented 26.9 percent of the total gross domestic product.
Views: 91898 Howcast
Visit the new NerdEnterprises.com Subscription Options: https://nerdenterprises.com/services/subscription-based-training/ One to One Training: https://nerdenterprises.com/services/one-to-one-training/ Get templates: https://nerdenterprises.com/resources-page/templates/
Views: 21663 Nerd Enterprises, Inc.
The absolute most Important Tax Planning Strategy/Tool You NEED. This is a Cornerstone to Business planning and preparation. This will Change the way you OPERATE. Please watch and share with Anyone You care about. This Tax Advice is perfect for small business. Tax Relief and Tax deductions reviews. DirtMonkeyU.com and DirtMonkeyUniversity.com The Landscape Business Pro Podcast- The Voice of the Landscaping and Construction Industry. http://landscapebusinesspro.com Genadek Landscaping and Excavating genadek.com GT Lawn Maintenance GTLawns.com Linked In- Hit me up! https://www.linkedin.com/profile/preview?vpa=pub&locale=en_US Twitter: https://twitter.com/LBPpodcast Facebook: https://www.facebook.com/stanley.genadek Email: [email protected] Dirt Monkey: https://dirtmonkey.net Links to Episodes of Landscape Business pro: Greg Chism Geek to Freak Fitness and Lawn Care https://www.youtube.com/user/geektofreakfitness http://landscapebusinesspro.com/geek-to-freak-greg-chism-monetizing-youtube-videos/ Jonathan Pototschnik The Lawn Care Millionaire http://lawncaremillionaire.com http://landscapebusinesspro.com/jonathan-pototschnik-how-to-become-a-lawn-care-millionaire/ Brian Shain Top Notch Lawns https://www.youtube.com/user/TopNotchLawns http://landscapebusinesspro.com/brian-shain-of-top-notch-lawns/ Jordan Harbinger The Art of Charm https://itunes.apple.com/us/podcast/art-charm-confidence-relationship/id212382281?mt=2 http://theartofcharm.com http://theartofcharm.com/best/ http://landscapebusinesspro.com/jordan-harbinger-the-art-of-charm/ Keith Kalfas The Landscape Employee Trap https://www.youtube.com/user/TheEmployeeTrap LandscapingEmployeeTrap.com http://landscapebusinesspro.com/keith-kalfas-landscaping-employee-trap/ Mike Michalowicz http://www.mikemichalowicz.com Profit First, Pumpkin Plan, The Toilet Paper Entrepreneur http://landscapebusinesspro.com/mike-michalowicz-profit-first/ John Lee Dumas Entrepreneur on Fire http://www.eofire.com http://podcastersparadise.com http://landscapebusinesspro.com/john-lee-dumas-entrepreneur-on-fire/ More guests: Vanessa Van Edwards The Science of People, John Gray Men are From Mars Women are from Venus, Certified Contractors Network, Jennifer Kahnweiler: The Introverted Leader, Quiet Influences, The Genius of Opposites, Barry Moltz, YardBook, Aaron Walker
Views: 97481 Stanley "Dirt Monkey" Genadek
2018 Tax Changes For Businesses (2018 Business Tax Rules)2018 Business Tax Rules Explained!(Tax Cuts and Jobs Act 2018) 2018 Income Tax Changes for Businesses explained! (2018 Federal Income Tax Rules) . VERY DETAILED AND EASY TO FOLLOW.... Learn about Donald Trump's new tax laws. Tax Reform 2018. 2018 Federal Income Tax Rules! Downloadable notes included below. The Tax Cuts and Jobs Act bill brings numerous new changes to the world of taxes. In this video you learn how these changes may impact your personal tax return and your business. You can follow the links here to download the spreadsheet: https://www.dropbox.com/s/kxp38y9kw0zejgc/2018%20business%20tax%20updates.xlsx?dl=0 Video Outline and Time Stamps so you can quickly jump to any topic: • How to download business tax law updates spreadsheet - 0:37 • Business filing due dates - 2:12 • 2018 Corporate Tax Rates - 2:54 • Depreciation updates 2018 - 4:12 • Standard mileage rates- 6:25 • Meals and Entertainment and Fringe benefit rules - 6:40 • Excessive business loss limitation (IRC 461) - 9:33 • Net Operating Loss rules for 2018 - 10:24 • Business Interest Deduction Limitations IRC 163(j) - 11:09 • Business Research Expense Rules 2018 - 12:10 • Like-Kind Exchanges (1031 Rules for 2018) - 12:45 • Section 199A Deduction - 13:54 • Hobby Loss Rules 2018 - 18:33 • Minimum tax credit refundable for corporations - 19:33 • Important links - 20:08 Check out some of our other videos and playlists here: ♦ Investing in the stock market!: https://goo.gl/yVAoES ♦ Save money, budget, build wealth and improve your financial position at any age: https://goo.gl/E97nJj ♦ Learn more about how federal income taxes work: https://goo.gl/D1hCX1 ♦ Ways to improve your life at any age: https://goo.gl/uq72bu Subscribe for our future weekly videos. New videos typically every Sunday or Wednesday. Do not forget to help out a friend and share this information with them as well. About me: I'm passionate about helping people build wealth by learning more about personal finances, investing and taxes. My mission is to help people improve their financial position career and life. I also enjoy teaching others about the accounting profession, tech tips, and helping people overcome challenges in their everyday life as well as their career. You can find our content on other internet planets such as....... My Website: Moneyandlifetv.com Twitter: https://twitter.com/Mkchip123 Facebook: https://www.facebook.com/moneyandlifetv/ ***Disclaimer*** All of the information in this video is presented for educational purposes only and should not be taken as financial, tax, or investing advice by any means. I am not a financial adviser. Although I am a CPA I cannot advise someone for tax purposes without knowing their complete tax situation. You should always do your own research before implementing new ideas or strategies. If you are unsure of what to do you should consider consulting with a financial adviser or tax accountant such as an Enrolled Agent, or Certified Public Accountant in the area in which you live. Thanks for taking time to check out this video, and our channel. Have a great day and we will see you in the next video!
Views: 16273 Money and Life TV
Chinaza Duson, Small Business Tax Strategist, is also a highly sought after Tax Strategist empowering thousands w/advice on why the MUST own a homebased business. Now! Connect with me and START a legitimate homebased business TODAY: http://www.workwithcoachchi.com Chinaza Duson | 404.464.6733 | [email protected] www.certifiedtravelconsultant.com - my business of choice Text Chinaza to 40691 1st Email: [email protected] | 404.464.6733 | 2nd Email: [email protected] | 404.229.5566 - Secondary | NOT only am I #homebased business strategist, a certified tax preparer. I am a National Diamond Council Team Leader in Paycation Travel. We have the perfect vehicle to help you maximize on these amazing tax breaks I speak on here! Contact me today to get started http://www.browngirlgone.com ---- (travel blog) http://www.goodgirlstravel.com (the best tax deductible business) http://www.truthinduced.biz (www.yourtaxgirl.com)
Views: 407727 Chinaza Speaks
Free Training To A Brand New High-End Career (limited time only 2018) https://www.besthighendcareer.com/webinar How to do taxes as a college student? How do taxes work? What are some of the best ways to avoid taxes? What does it mean when someone writes off something in their taxes? Keep mind, I summarized a lot of stuff that is not "perfect" by the books, but if you don't make a lot of money, you'll likely not get audited for grey area deductions such as cell phone, and office room rent. The #1 internship marketplace exclusively for college students and new grads ➡ http://www.wayup.com/refer/engineeredtruth ⬅ https://Facebook.com/EngineeredTruth https://Twitter.com/EngineeredTruth https://www.instagram.com/EngineeredtTruth/
Views: 613502 ENGINEERED TRUTH
Robert Kiyosaki will be speaking LIVE in: South Africa: http://www.nacsouthafrica.com/tv Catch PART 1 HERE:https://www.facebook.com/srseminars/videos/1118521498191246/ Subscribe to access more great videos, or check out: www.SRPL.net ========================== One of the reasons the rich keep getting richer is because when people say “Go to school and get a job” they’re telling their kids to become employees or small business owners. How much tax do they pay? Regular employees pay about 50% in tax while self-employed people like doctors, lawyers & accountants pay 60% tax. Business Owners on the other hand pay 20% tax with investors paying 0% tax. It is absolutely possible to go around paying 0% tax. You don't have to be a crook to not pay taxes, you just have to be smart. In fact, the government wants you to pay no tax. They use taxes as incentives to get you to do what they want you to do. The reason I pay no taxes is because I have four houses I live in but five thousand houses I rent out. By me providing housing, I pay zero tax -- because that's what the government wants me to do! - Robert Kiyosaki ========================== Robert Kiyosaki will be speaking LIVE in: South Africa: http://www.nacsouthafrica.com/tv Catch PART 1 HERE:https://www.facebook.com/srseminars/videos/1118521498191246/ Subscribe to access more great videos, or check out: www.SRPL.net
Views: 129692 Success Resources
http://www.sidehustlenation.com/pay-less-taxes-your-tax-questions-answered/ Josh Bauerle is the CPA on fire at cpaonfire.com. Josh specializes in tax preparation, tax planning, bookkeeping, and general consulting services to take the accounting side of your business to the next level. Just 30 minutes with Josh about a month ago saved me thousands of dollars, so you owe it to yourself to listen to this episode and see if you can put some money back in your pocket too. In this episode, Josh goes into detail about the tax implications with each type of business entity you can form, as well as how you can potentially save thousands of dollars by registering as an S-Corp. Josh also covers which expenses are deductible to your business, how to include health insurance as a tax-deductible, and how you can reduce your tax bill by investing more into retirement accounts. He also spends some time explaining the often confusing issue of how much sales tax FBA sellers should be paying and under which state tax laws, as well as recommending a service to automate the process. Tune in as Josh answers several questions from the Side Hustle Nation community and shares some of his best tax saving tips and advice. This isn’t another one of those dry conversations around tax, it’s packed with actionable tips and advice to help you put more money back into your pocket. Grammar police: I understand it should either be “pay less tax” or “pay fewer taxes” … but sometimes search popularity trumps grammar :) For the full notes, links, and to download the free PDF highlight reel from this episode, please visit: http://www.sidehustlenation.com/pay-less-taxes-your-tax-questions-answered/ And here's a company that specializes in Self-Directed Solo 401(k)s and IRAs: https://www.sidehustlenation.com/rocketdollar -Video Upload powered by https://www.TunesToTube.com
Views: 23583 Nick Loper
What's the tax difference between and LLC and an S Corporation? Will you save taxes if you convert from an LLC taxed as a sole prop, to being taxed as a sub chapter s? How much taxes will you save if you become an S-Corp? If you want to know the tax difference between an LLC and an S-Corp, then check out this video.! In this video, I'm going to explain exactly what the difference is between an LLC and an S-Corporation, particularly when it comes to your self employment taxes, (aka SE Taxes), which are your medicare and social security taxes. how do you reduce your business taxes? Well, there are three major tax reductions strategies: Business entity optimization, benefits and retirement plans like 401k, SEP IRA, and Simple IRA"s, and then utilizing real estate investments. UPDATE ON NUANCE FINANCIAL - I NO LONGER RECOMMEND NUANCE FINANCIAL, but instead HIGHLY recommend Xendoo Accounting, because it's faster, cheaper, higher quality service, and nation wide. If you're looking for a payroll, bookkeeping, tax return, tax planning (with CPA support), then check out my AFFILIATE LINK for XENDOO Accounting here: https://www.xendoo.com/learn-more?fp_ref=rob69 If we added value, consider supporting me and my family on Patreon. We're committed to creating free business, tax and accounting content, and we're thrilled that we've had the support of our little community! https://www.patreon.com/feedbackwrench/ Follow us at: Twitter - https://twitter.com/feedbackwrench Facebook - https://facebook.com/feedbackwrench Instagram @feedbackwrench What's the tax difference between an LLC and an S-Corp? What's better, an S Corp or an LLC? How to convert to an S Corporation? Are there tax savings when you become an S-Corp? What business type should I be? How to choose a business type? There are dozens of questions that people have concerning their business entity type. The bottom line is that people are usually trying to pay their fair share and not a penny more - that's the most important thing to them. If you're looking for tax planning advice, ways to reduce your taxes, legal tax loopholes, the best tax loopholes for small business or the best tax write offs for small business - the foundation starts with your business entity type. You should make a wise decision about becoming a limited liability company taxed as a sole proprietor or an S-Corp, because it might save you in self employment, social security and medicare taxes. Social security taxes for an S-Corp are important to figure out! So is figuring out the medicare taxes on an LLC or an S-corp. We hope this video helps you out a ton!
Views: 331490 FeedbackWrench
As a child care provider, I have to keep track of tons of paperwork and records. The most daunting task is always entering expenses and filing paperwork before it piles up into a giant mountain. Many people put it off until the start of the new year and then have to spend a ton of time getting everything in order, only to most likely lose out on deductions due to too much time passing leaving people forgetful of what they purchased. In this video, I share seven tips to make this year a much better year for keeping track of your tax documents so when next year rolls around, you can relax while others are scrambling! ------------------------------ HOUSE TOURS: https://www.youtube.com/playlist?list=PLNbrmIjuytLF9ckfuVyHu891s4Ct4oqr0 CHECK OUT OUR DAILY VLOGS (2016): https://www.youtube.com/playlist?list=PLNbrmIjuytLFhma9ZcL4Vu9Cv3OexxDLv CHECK OUT OUR MOST LOVED/USED ITEMS: http://astore.amazon.com/houmadofmar02-20 Finance Followers: If you want to check out Capital One 360 that we've mentioned in many videos (and LOVE), sign up for a checking or savings account using the following link, and you will earn $25: https://r.capitalone360.com/9Mhw5NEerz We SO appreciate all of our subscribers! You all are amazing human beings who make our lives so much better! Thank you for taking time out of your day to watch our silly little videos and for leaving such sweet, genuine comments. You make our days brighter! *Links may contain affiliate links to products we use and love. We never share or link to anything we don't love ourselves, but we appreciate if you click and help support our aim to spread the marital love from our little home on the internet. :) Music by Epidemic Sound (http://www.epidemicsound.com)
Views: 96892 Work Life Glue
Did you know that U.S. businesses are taxed at one of the highest rates in the developed world? How bad is it? And why should you care? Watch this short video to find out. Donate today to PragerU! http://l.prageru.com/2ylo1Yt This video is part of a collaborative business and economics project with Job Creators Network. To learn more about JCN, visit https://www.jobcreatorsnetwork.com. Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: No matter where you come from, what your job is, or where you stand politically, you have to pay taxes. Uncle Sam needs taxpayer dollars to pay for things like schools, fire fighters, and the military. There are all sorts of different taxes: income taxes, payroll taxes and sales taxes just to name a few. But individuals aren’t the only ones who pay taxes—businesses pay income taxes too. Businesses that are set up as corporations pay taxes on their income at the US corporate tax rate of around 35 percent—one of the highest in the developed world. Countries like Ireland and Switzerland have corporate tax rates well under 25 percent, which can give companies based there a competitive advantage. But there’s another taxed group that we’re forgetting…small businesses. There are 29 million of them in the US and they employ nearly 56 million people. That’s a total of 85 million people dependent on the success of small businesses! Small businesses are most often set up as sole proprietorships, partnerships or another designation called an S-corp. But the money they make isn’t taxed at the corporate rate. The profits earned by these small businesses are “passed through” to the owner and counted as individual income on their personal tax return. That’s why you might hear small businesses referred to as “Pass-throughs.” These entrepreneurs can pay tax rates as high as 40 percent not including additional state and local taxes, that means many American small businesses are being taxed at a higher rate than businesses anywhere in the world. Why should you care? Because high taxes hurt small businesses ability to grow and expand, causing them to raise prices or even trim jobs to stay within their budget constraints. Lowering taxes for small businesses or “pass-throughs” results in the growth of small businesses—allowing them to provide more jobs and boost the economy for everyone. After all two thirds of all new jobs come from small businesses and lowering taxes can have a big effect on the entire economy for all Americans. So the next time you hear someone supporting an increase in tax rates on businesses, remember that very important group of small business owners and the 85 million people dependent on their success.
Views: 419935 PragerU
Sign up for my weekly newsletter to download my FREE E-book "The 10 Best Tax-Saving Secrets Everyone Should Know" or schedule a FREE 15 Minute Interview with an Attorney or CPA from my team! Visit http://markjkohler.com/youtube This video is about how to Write Off Start Up Costs Follow me on my social media with DAILY and WEEKLY Tips and Blog Articles, and also catch me surfing at: http://www.markjkohler.com/social To purchase my new book: "The Tax and Legal Playbook" please visit the Entrepreneur bookstore here: http://amzn.to/1cWlhor Check out my Law Firm KKOS Lawyers at http://www.kkoslawyers.com Visit my Accounting Firm K&E CPAs at: http://www.ke-cpas.com Help us caption & translate this video! http://amara.org/v/aTiu/
Views: 20765 Mark J Kohler
Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents: Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it In this session, we will talk about: - How much tax do U.S. corporations pay - Common misconceptions about corporate tax avoidance - How corporate tax avoidance has changed since the mid 1980s - What can be changed to make our corporate tax system more efficient Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET. Send your questions to [email protected] or tweet them during the live session using #fuquaalumni
Views: 55457 Duke University - The Fuqua School of Business
It's Tax Day, April 15th (at least when I recorded this), so why not talk about taxes and bookkeeping. Everyone's favorite topics, right? Ha! I'm cracking myself up. Hopefully everyone had a smooth tax season and this video can help you! Let me know your thoughts. Oh yeah! Subscribe too! I talk about advice I'd give any small business owner who is starting out and dealing with paying taxes as a sole proprietor for the first time. All of this is basic and off the cuff advice. I'm not a bookkeeper or tax expert by any means. Please hire an accountant for official tax help. Things I talk about in this video: Etsy Shop Owners E-Commerce Expenses Small Business Taxes Sole Proprietor Business Expenses Cost of Goods Sold Bookkeeping Software Outright Bookkeeping: http://outright.com/ Accountants Tax Mistakes Business Accounts Contract Labor Payroll Please comment/subscribe. Let me know what you think! Recorded: Friday April 15, 2015 MANE MESSAGE: http://www.manemessage.com TWITTER: http://www.twitter.com/manemessage INSTAGRAM: http://www.instagram.com/manemessage FACEBOOK: http://www.facebook.com/manemessage
Views: 27196 Olivia Hayward
▶ Check out my gear on Kit: https://kit.com/jbkaminski Small Business Taxes: Deductions Made Easy (Mistake #25 Don’t Pay Too Much in Taxes):// Many online tutors when they get started are concerned about where they are going to get students and how they can tutor online. It is rare that one of the major things they think about is taxes. But, if you don’t pay your taxes quarterly as a business owner, you could be setting yourself up for big financial losses. In this video, you will learn about the 2018 small business tax changes in the US, QuickBooks features and benefits, and about the book Lower Your Taxes Big Time review. Disclaimer: Joanne Kaminski is not a tax professional in the United States. She personally owns her own business and sharing her own experiences to give you a pathway of things to consider. Always hire a professional tax person when you get started to protect your business and make sure you are filing everything correctly. THE VIDEOS AND LINKS MENTIONED IN THIS VIDEO Join the Insider Secrets Club Today - https://ultimatesupportprogram.mykajabi.com/store/ZxzMNzZo Quickbooks: https://quickbooks.intuit.com/ (Free 30 day trial and limited time 50% off) MySchoolBooks https://www.myschoolbooks.com/ WANT TO START OR GROW YOUR ONLINE TUTORING BUSINESS? HERE ARE SOME NEXT STEPS! 1) SUBSCRIBE to learn how to start or grow your online tutoring business! https://www.youtube.com/joannekaminski 2) FREE EBOOK: : “Job Security in Teaching For Life: How to Become an Online Tutor” Like my page on Facebook, go to send message and type the word tutor. It will automatically be sent to you. https://www.facebook.com/Becomeanonlinetutor/ 3) JOIN THE FREE FACEBOOK GROUP: The Ultimate Support Group for Online Tutors https://www.facebook.com/groups/303391446535402/ 4) JOIN FREE WEBINAR: 3 Secrets to Getting Online Tutoring Students. https://ultimatesupportprogram.mykajabi.com/p/registration-page #OnlineTutor #OnlineTutoring #Tutorpreneurs
Views: 630 Joanne Kaminski
IT'S TAX TIME, but some of us don't get as happy during this time....DON'T STRESS! You all wanted information on doing your taxes as a small business and what you could expect. Paying can be a breeze when you are prepared. Hopefully this video gives you guys some type of idea on preparing for tax season. It doesn't matter if you're just starting a company, in the beauty industry, sell hair extensions, make wigs, do nails, makeup, fashion or education...WE ALL HAVE TO PAY UNCLE SAM! Don't be afraid of tax season, and don't write off things you didn't really need to in order to reduce your tax obligations, it can hurt you in the long run. If you have additional suggestions help out by commenting below. I didn't cover everything but I think the basic things were. If you weren't prepared for tax season this year hopefully you can use this video to be better prepared next year. Don't forget to comment, thumbs up and SUBSCRIBE! 10 RED FLAGS that could trigger a tax audit http://bit.ly/2GRvrq6 I am wearing a lace front wig purchased offline that I customized. I colored the hair using Joico Vero K Pak hair color in purple, pewter, sapphire blue and pink. Video coming soon. Want to know how I make my wigs? Links are below! how to take your head measurements http://bit.ly/2CP4IJd how to customize your hairline http://bit.ly/2DiPJsd http://bit.ly/2FnBmDA how to bleach your knots http://bit.ly/2DiVMNr How to tint the lace http://bit.ly/2CV1G9D how to make a lace frontal wig http://bit.ly/2v27DKP **Looking to take some classes on hair extension techniques, hair color, or need business coaching or mentoring? Visit my website: www.letsglammore.com and click on the business page! Follow Me on Instagram: #letsglammore http://bit.ly/2eTut0W Twitter: IGlammore Snapchat: GlamMoreGirl Facebook: http://bit.ly/2gDetUA Where can you purchase my hair?: www.letsglammore.com If you are a company and would like to contact me, email me at : [email protected]
Views: 980 Glam's Corner
Please Subscribe for more videos. Please comment with any questions and like. Small Business Owners: Get All the Tax Benefits You Deserve - Webinar (June 18, 2013) Find out about allowable IRS tax credits, deductions and more that small business owners may be able to take advantage of. Webinar Description: Learn about business expenses and deductions What is a business depreciation deduction? Find out which business tax credits are available for your business Get the latest facts about the American Taxpayer Relief Act What are the qualifications for the Earned Income Tax Credit? Link: http://www.irsvideos.gov/GetAllTheTaxBenefitsYouDeserve/
Views: 47303 Joan Ferreira
Knowing the difference between tax planning and tax preparation so you can get the most deductions allowable by law! Toby Mathis, one of the top tax attorneys in the nation, sets the record straight and reveals how to prepare your business for success and keep more of what you earn. Why pay the IRS more than your legal share? Watch and you'll discover 1040 strategies and tips as well as using C corps, S corps, IRA's, 501 c 3 and more! Check out https://AndersonAdvisors.com for financial strategies and details on upcoming workshops. * 🚀Ready To Take Your Business To The Next Level While Protecting Your Assets From Frivolous Lawsuits? ~*~ 💰Get Your FREE 30 min Consultation & Wealth Planning Blueprint NOW! https://AndersonAdvisors.com/register-now-a ** SUBSCRIBE** Anderson Business Advisors Youtube Channel https://www.youtube.com/c/AndersonBusinessAdvisors 800.706.4741 [email protected] https://AndersonAdvisors.com Twitter: @TaxWiseToby Blog: https://TobyMathis.com The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Views: 6041 Anderson Business Advisors
Recorded LIVE, tax experts Will and Kenji share how the new tax reform affects small businesses. We answered top questions from viewers. You can find the time stamps below: Q: Overall, how does the tax reform affect small businesses? [1:05] A: You can expect to save money on your taxes, which means it's a great time to invest in the business, whether that's hiring more employees, buying more equipment, or expanding. Q: 95% of small businesses are pass-through entities, and they experience big tax cuts. First, what is a pass-through entity? [3:33] A: A pass-through entity is either sole-proprietorships or LLCs. It's a business structure in which the income from the business passes through to an individual's tax return. Q: What tax cuts do pass-through entities get? [4:32] A: You get a 20% deduction for the net profit of the business. Q: Does that deduction apply to every pass-through entity? Are there limitations? [5:14] A: There are limits: Not everyone can get the 20% deduction. Compensation is an example: If your taxable income is over $157,000, then that tax deduction will be phased out. Some industries also have limitations, like consulting services or law practice. Q: Should small businesses switch to a C corp to capitalize on the massive tax cut for C corps? [8:00] A: No, not necessarily. The pass-through entities also enjoy great tax benefits. Also, C corps are often called "double taxation entity" for a reason. Your entity is set up not only for tax purposes but for legal purposes. Also, if you change to a C corp, it's a one-way street: it's hard to change it back. So, definitely consult a tax advisor for your specific situation. Q: Any changes to the meals and entertainment deductions? I heard they are going away. [10:23] A: Yes! Meals and entertainment are being reduced from 100% deductible to 50% deductible. Q: How about other important deductions, like commuter benefits? [12:43] A: Commuter benefits are now not tax deductible at all for employers. Pro Tip! As a workaround, it might be worth trying to negotiate with your landlord if you can incorporate parking into your rent, which is tax deductible. Q: Do these tax changes affect our 2017 tax returns, or does it just apply to 2018? [15:50] A: Nope, it only pertains to 2018 moving forward. Q: What is Section 179, and what are the changes to it? [17:45] A: Section 179 allows you to expense equipment purchased for the business. With the new tax reform, it has been broadened and you can deduct even more -- from $500,000 to $1,000,000. Q: How can I deduct unreimbursed business expenses without itemizing? [19:21] A: It depends on the kind of pass-through entity you have. Will goes into more of that here. Q: Any changes to business expenses that we should know about? [20:35] Kenji: There are going to be some reductions to the interest expense. This will impact real estate the most. Listen to learn more on that! Will: There are changes to the standard deductions and the personal exemption on your personal tax return. In fact, that entirely goes away with the new reform. There are some pros and cons with that change. Q: What should people expect from their CPA? [23:55] A: They should be proactive and reaching out to you to provide more guidance amidst the changes. Also, share your long-term plans with your CPA because you can be growing your business during this reform. Q: Are S corps still the best for small businesses? A: It's a tax-saving status, so for many businesses, this is still a beneficial path to take. Q: What are the main takeaways from the reform? [28:17] A: - Are there creative, legal, compliant ways to capitalize on the reform changes? - How can you grow your business? - Work with your CPA to create a growth path for your business. --------------------------------- About our guests: Will Lopez is Founder of AdvisorFi.com, an online accounting and consulting firm for the next generation of business owners. --- Check out Will's YouTube channel! https://goo.gl/Ms26GV Kenji Kuramoto is the Founder and CEO of Acuity, which builds and maintains financial functions for entrepreneurs and small business. --- Check out Acuity at: https://acuity.co/ This Live Session is brought to you by Gusto. Gusto serves over 40,000 small businesses across the US with a refreshingly easy payroll, benefits, and HR solution. --- To learn about Gusto, visit: https://www.gusto.com. --- For more small business answers, visit us at: https://www.gusto.com/ask-gusto --- If it suits your fancy, follow us on Twitter @GustoHQ http://twitter.com/gustohq --- AND join Talk Shop, our Facebook community for small businesses: https://www.facebook.com/groups/talkshopgroup/
Views: 1626 Gusto
You just can't beat the small business tax rate. It's one of the biggest reasons we think everyone should have a small business of their own of some sort... Grab your own FREE copy of Income for Life for Canadians here: http://www.canadianrealestatebook.com/ Or come out to our Oakville, Ontario office for a FREE Real Estate Investing Training Class: http://www.canadianrealestateclass.com/ You can also check out our blog for more great content: http://rockstarinnercircle.com
Views: 890 Rock Star Real Estate Inc
UPDATE (please read): Some of my contact information has changed. The new information is as follows: Twitter Handle = @TheSETaxGuy New Facebook Page = /TheSelfEmployedTaxGuy New Email = [email protected] Instagram = @theselfemployedtaxguy Ok carry on... Being self employed is one the greatest feats a person can achieve. It gives one a true sense of freedom and control and is like a great sun shines day until the IRS comes along and brings rain clouds. Well... If you are looking for information on business taxes, freelance taxes, self-employed, a serial entrepreneur, a social media-preneur or or what to do with a freaking 1099-Misc or 1099-K... then you have landed on the right video. Enjoy and join the community. Find out exactly what you need to do in order to file that perfect tax return.
Views: 164810 The Self-Employed Tax Guy
Start a business here http://workwithtanisha.com/ My free Network marketing series - how to choose the right company and products to build a legacy for your family http://www.allnationalnewstoday.com/what-is-network-marketing-the-series Download the quick books apps http://www.allnationalnewstoday.com/quick-books-self-employed-app-for-mobile/ s form 1040 irs forms irs tax forms irs tax filing forms filing 2018 taxes filing taxes in 2018 filing taxes for 2019 tax filing for 2018 taxes for 2018 tax file 2018 2018 tax returns e file taxes 2018 2018 tax refunds file taxes 2018 #loweryourtaxes #sandybotkins
Views: 1500 Tanisha Adjo
Do you own an incorporated small business? This video will reveal the new changes made to small business taxation, which you should be aware of. 0:44 – 1. Increase in Dividend Tax 2:13 – 2. Family Trusts 4:04 – 3. Tax on Investment Income Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharter... Instagram: https://www.instagram.com/madanaccoun... Google+: https://plus.google.com/1085518694535... Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
Views: 40534 Allan Madan
http://www.incauk.biz/ Hi, I'm Graham from Inca Chartered Accountants. One of the questions we get asked most frequently from our clients -- "How much tax will I pay?" Well, as soon as your accounts are done we will know to the penny, but of course that may happen several months after your financial year end. And it's great to have an idea of how much tax you are likely to pay well in advance of that. So what I'm going to show you is a way to estimate your tax liability. It is only an estimate. We won't know for sure until your accounts are done but it will give you something as a guide as you look ahead through the course of the business year. The amount of tax you pay is dependent upon the type of business you operate. So in this video we are going to look at the two main types -- the sole trader and the limited company. If you are a sole trader you can earn roundabout £7,500 a year in profit, not sales, that's your sales and then take off your costs and your not going to pay any tax on that money. But as soon as you go above that level you are going to start paying tax at a rate of 20%, the same as somebody in employment. But you are also going to have Class 4 National Insurance. Now that kicks in at 9% making your total tax hit 29%. Now the Class 4 National Insurance is interesting because people think my National Insurance - I get a pension, I get hospital cover. Yes, you have already paid for that in a direct debit that goes out of your account every month. This is just tax. You do not get any extra benefit from having paid it. So in order to work out how much tax you have to pay we need to look at your profit month-on-month. You take your sales, subtract your costs, not your drawings, that's money you take out. Put them to one side for the moment. Once you have got that profit situation in place, £600 every month that's yours free, nothing to worry about. But after that £600 you need to put nearly a third away. That is one third for the government, two-thirds for you. Stick it in a cash ISA. It gets paid in January of each year, but be careful because you may also have what is known as a payment on account if your tax bill is high and that's going to kick in, in January and July . Now the Limited Company is completely different because you are not taxed. It is the company that is getting taxed. And the company does not have any tax free amount that it can earn year after year. Company pays tax as soon as it makes £1 of profit and it pays tax at a rate of 20%. That's 20% on all its profits way up to a quarter of a million pounds approximately. Now that's a 9% saving for most average earners. That's most significant. A company has to pay its tax 9 months after its financial year. So calculating it. You take your sales subtract the expenses the business incurs. That's your costs, salary perhaps, supplier invoices and that gets you your profit before tax comes off. Then put 25% away to be on the safe side. So it's a quarter for the Government and three quarters for you. That's what you can have as your dividend income. One of the pit falls of many businesses get into. They think there's my profit, I'm going to take a dividend and get a tax on the dividend. Now that's wrong. Tax gets paid on the profit and then it's your bit. The dividend - that comes afterwards. Remember what I've just told you. It's about estimating your tax bill. If you want to know exactly how much tax you are going to pay send us your accounts. In the next video I'm going to talk about How to get a dividend out of your company.
Views: 34254 oxfordaccountant
In today's video, I wanted to share with you how to file taxes as a Single Member LLC. This is a user question, and it's a great question, especially since the filing deadline is October 15th for people that requested an extension on their Federal Taxes. Some of the links below are affiliate links. If you purchase through these links, it won’t cost you any additional cash, but it will help to support my channel. Thanks! To start your own LLC, click here: http://hawthornlaw.net/incorporate Click here for an operating agreement template that you can use for your LLC: http://www.hawthornlaw.net/llc-operating If you need to get a hold of me, you can schedule a call using this link: https://hartlawfirm.as.me/legal-coaching **Unless you are a legal or private coaching client, I do NOT respond to emails or contact form submissions.** To sign up with a payroll service I use and love, click here: http://hawthornlaw.net/payroll Need more information on starting a business? Download our cheatsheet here: https://www.hawthornlaw.net/cheatsheet Want the Ultimate Business Building Checklist? Click here: https://www.hawthornlaw.net/ultimate I use Vidiq to optimize my videos, here is an affiliate link if you would like to support me and sign up for their free plugin: https://hawthornlaw.net/vidiq This video is for entertainment and informational purposes ONLY and should NOT be considered legal advice. By watching a video or commenting on a video, we are not forming an attorney-client relationship. If you need specific legal advice, please ask an attorney in your state. #LLC #Taxes #OnlineBusiness
Views: 15840 Hawthorn Law
Contact us at 888-727-8796 if you need assistance with your tax problem (and yes, your information will be subject to the attorney client privilege). We’ve successfully assisted thousands of clients deal with IRS issues. You can also email us at [email protected] We deal with both domestic and offshore issues. www.irsmedic.com Before the 1940’s, taxes were only paid by the ‘Fat Cats’, and they were paid in quarterly installments. Since such a small percentage of people were paying taxes, it was easy for the government to ensure that everyone was compliant. They assured us that only these ‘Fat Cats’ would pay --- until they 'changed their mind' to expand the tax burden to include everyone. “But it’s war time! The budget is suffering and we need your help! Don’t worry…this tax won’t be around forever!” And so we all began to pay. What the government realized quite quickly was that they could rapidly lose control of compliance and collections since there were now so many people paying taxes. They also realized that since they were taxing people a percentage of their salary, the tax debts could add up to the point that the taxpayers just couldn’t afford to pay it back. Taking control with “Pay as you go”: In 1943, Congress passed the Current Tax Payment Act. The idea was born from Beardsley Ruml, an executive for R.H. Macy & Co. and adviser to Roosevelt. In his experience in working with customers from Macy's, he noticed that people didn’t like big bills --- they instead liked to make partial, smaller payments. His “Pay as you go” idea grew into this act that required employers to withhold a percentage of federal income taxes from their employees wages. The employers would then be responsible for paying the government on the workers behalf. Withholding was a great way to keep control of the masses. It’s easier to police a smaller number of taxpayers, and, employers are easier to influence as they have more at stake. Understanding withholding and payroll taxes: Payroll withholdings are the taxes and benefits paid by the employee and include: Employee portion of Social Security tax - 6.2 percent Employee portion of Medicare tax - 1.45 percent (a 0.9 percent Medicare surtax when the employee earns over $200,000) Federal income tax State income tax Court-ordered withholdings As an employer, you are technically the 'trustee' and are holding this money 'in trust' for the government until your quarterly payment is due (4/15, 6/15, 9/15, 1/15). Technically, this is not your money... it is the governments. The law also requires you to pay the employer's portion of two of these taxes: a 6.2 percent Social Security tax a 1.45 percent Medicare tax (the “regular” Medicare tax). We have a lot of clients that are dealing with payroll tax debt. The stress can feel overwhelming, and you may make poor choices trying to solve the issues on your own. It’s a scary thing because you are talking about not only your own livelihood, but also the livelihood of your employees. Scarier still is that you are personally liable for this debt; it's not just the responsibility of 'the business' to pay it back. In our experience, we find that 98% of payroll tax problems are caused by cash flow. Cash flow problems can easily spiral out of control, and can be caused by a client that burns you, a natural disaster, a lawsuit, or employee embezzlement, to name just a few reasons. Unfortunately, we find that the nicest people end up with payroll problems because they may be afraid to lay any employees off. These are honest people that didn’t take the money for their own use; they took the money and put it into the business to keep the lights on, or to pay for supplies hoping to turn the business around. They are misunderstood, hard-working, and are simply trying to make ends meet. We’ll talk more in depth in tomorrow’s article about payroll tax solutions and negotiations, but bear in mind that sometimes if you lay people off, you may be able to get your issue under control and end up re-hiring them. If you need assistance with a payroll tax debt, don’t hesitate to contact us. We’re here to help. http://www.irsmedic.com Serving US taxpayers worldwide "Real Tax Attorneys for Tough Tax Problems" IRS Medic: Parent & Parent LLP 212.256.1335 888-727-8796 Twitter: https://twitter.com/irsmedic Facebook: https://www.facebook.com/TheIRSMedic
Views: 7935 IRS Medic
If, after watching the video, you decide you want help filing we are currently accepting new clients. Check out our website, www.cpaonfire.com, or email us directly [email protected] Step by step instructions for filling out Schedule C on tax return. Schedule C is used to report business income or loss. By watching this video you can learn to either fill the form out yourself, or how to better organize your documents for your CPA to fill out. For more tax and accounting information visit our website at www.cpaonfire.com/
Views: 213386 Josh Bauerle
Keeping up with tax expenses and record-keeping as a small business is HARD. Most of us entrepeneurs love helping people and solving problems, but we don't always love the back end business taxes like tracking expenses and record keeping. But, these tasks help us save time and money in the long run! In today's video, I'm sharing tips for taxes and record-keeping as well as launching something for child care providers to help them with these tasks. Ultimate Daycare Provider Expenses Workbook: https://worklifeglue.podia.com/expenses-workbook - Freedom Filer System: https://www.amazon.com/FreedomFiler-Home-Filing-Kit-Tab/dp/B00F5VUJIC/ref=as_li_ss_tl?keywords=freedom+filer&qid=1551958061&s=gateway&sr=8-1&linkCode=sl1&tag=houmadofmar02-20&linkId=0d09c2a925d3fc98c86a0954d74835ba&language=en_US --------------------- FOLLOW US! 😊 PATREON: https://www.patreon.com/worklifeglue 📸 INSTAGRAM: https://www.instagram.com/sarahwlg/ or https://instagram.com/sanwlg/ 📘 FACEBOOK: https://www.facebook.com/WorkLifeGlue/ 📌 PINTEREST: https://www.pinterest.com/worklifeglue/ 📧 EMAIL: [email protected] [email protected] 🐤 TWITTER: https://twitter.com/WorkLifeGlue *Links may contain affiliate links to products we use and love. We never share or link to anything we don't love ourselves, but we appreciate if you click and help support our content. :) Music by Epidemic Sound (http://www.epidemicsound.com) We SO appreciate all of our subscribers! You all are amazing human beings who make our lives so much better! Thank you for taking time out of your day to watch our silly little videos and for leaving such sweet, genuine comments. You make our days brighter!
Views: 1717 Work Life Glue
If you are a small business owner in Canada, you may want to recognize the various tax deductions that will help save you money. In this video, the 8 best tax write-offs tips will be discussed. 0:27 – 1. Home-Office Expenses 1:00 – 2. Vehicle Expenses 2:08 – 3. Accounting and Legal Fees 2:23 – 4. Office Rent 2:39 – 5. Advertising 3:40 – 6. Meals and Entertainment 4:16 – 7. Insurance 4:36 – 8. Capital Assets Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video. Music: Perspectives by Incompetech Animation: Created with GoAnimate
Views: 35674 Allan Madan
Get the Business Spreadsheet Template: https://www.amandarussell.mba/ Other videos you may enjoy: Estimated Tax Payments: How & When To Calculate & Pay - https://www.youtube.com/watch?v=c_jRrAms8og Will I Be Penalized For Not Making Tax Payments? - https://www.youtube.com/watch?v=2IzRyAoePi0
Views: 2267 Business Finance Coach
Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 One question that I get asked quite often, because it’s a really good question, is how the owner of a single-member LLC is supposed to pay him/herself. There are two possible answers to this question, depending on how the LLC is taxed. Unless the LLC elects otherwise, a single-member LLC is considered a “disregarded entity” and all of the income to the LLC is treated as income to the business owner, and is all subject to self-employment tax. So basically, the owner of a single-member LLC can pay himself however and whenever he wants, keeping in mind a few important considerations: 1. Make sure you are prepared to pay taxes. Since the LLC is a disregarded entity, if the business earns $100k but you only “pay” yourself $50k, you are still going to be responsible for paying all of the taxes, including self-employment taxes, on the full $100k. (For simplicity’s sake, I am pretending there are no deductions or anything.) So you need to set aside enough money to make sure you can cover your taxes. 2. The business has to remain adequately capitalized. This means that you need to keep enough money in the business to cover all your overhead, debts, bills, salary for employees, etc. You should also leave some extra “padding” for possibly building up your business, purchasing equipment, and whatever else you may decide to do with your business. In the books, any payments to yourself should be recorded as “Member Distribution” or “Member Withdrawal.” If the LLC elects to be taxed as an S Corporation, on the other hand, you have to be paid a “reasonable” salary. Self-employment taxes will only be paid on that salary rather than on the full amount of profit the business earns. Any money that the business owner takes above that reasonable salary is considered a dividend and won’t be subject to self-employment taxes. To learn more about S Corporations, watch my earlier video What the Heck is an S Corporation at http://youtu.be/i5to7Da3wMw?list=UUNh7tqEn68tf0oOfq4NsFsg If your LLC is not taxed as an S Corp, you don’t need to put yourself on payroll, since those member distributions aren’t treated as normal payroll. If your LLC is taxed as an S Corp, then the salary you earn can be part of your payroll, and any additional dividends will be separate from that. Whether or not you elect to have your LLC taxed as an S Corp and how to handle and record the money that you pay yourself is an important conversation that should be had with your accountant, bookkeeper, & attorney. Doing it the “right” way can help minimize your tax liability and can make your life (and that of your accountant) much easier come tax time. Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 427746 180 Law Co. LLC
What Can I WRITE-OFF? Self-Employed Business Expenses VIDEO #3 FOR DOING YOUR TAXES IN TURBOTAX! Get the free spreadsheet template to organize your business numbers: https://www.amandarussell.mba/getthebusinessspreadsheet/
Views: 16070 Business Finance Coach
In this video, you'll learn everything you need to know about the U.S. Tax system. We cover the ins & outs of how taxes are calculated, everything from deductibles to exemptions, as well as how our progressive tax system actually works. Tax filing recommendations: https://www.moneycoach.io/recommendations/taxsoftware Next video: https://www.moneycoach.io/videos/taxes/2 More of a text based learner? See the transcript and citations here: http://bit.ly/2f4ounM Please leave us any feedback here: https://goo.gl/REmdfD
Views: 145665 MoneyCoach
Do you own your own business? Are you wondering how Trump's new tax plan is going to affect you and your business? Then this is the video you HAVE to see. Matthew is joined by Nick Fortune with Fortune DNA to discuss the positive and negative effects this new tax plan will have on Small Business owners and Entrepreneurs and what you can do to put your business in the best position possible come tax season. If you are interested in learning more or getting in touch with Nick, please e-mail us! EMAIL: [email protected] SUBJECT: TAX PLAN INCLUDE: Contact Information / Direct Phone Number Don't forget to sign up TODAY for your exclusive one on one consultation at: ► http://www.FreeCoachingCalendar.com Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45h... Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ — — — Guest appearances are for educational and informational purposes only; they do not constitute an endorsement or an approval by VIP Enterprises of any of the products, services or opinions of the guest(s). Please conduct your own due diligence and research prior to making any decisions about the products, services or opinions discussed in this video. — — — Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. #TrumpTaxPlan #SmallBusiness #Entrepreneur #VIPFinancialEd
Views: 16075 VIPFinancialEd
S-Corporation Form 2553 How It Works and Saves Tax Dollars on Small Business How To Lower Your Taxes ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp Business ownership is adventurous, rewarding, and completely confusing. Sure you can come up with the next business idea and change the world with a single event, but how do you organize and run the business side of that idea? Should you set up an LLC and how should it be taxed? Are you prepared to streamline this new business venture and idea? What information should you consider in your business that's meaningful, and when do you implement it? Where do you go to find the best tools possible for your business? How do you save money on taxes? Where do you set up your new company? What technology should you use to make running your business easier? These aren't the things that we learn in school, and chances are you don't have time for trial and error. You're here to make money doing what you love, and I'm here to make that easier for you and absolutely practical. ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp In this Bootcamp for Converting to S-Corp (Form 2553), you will walk away with knowledge such as; How do you to properly start your business, ~ Why you should consider S-corporation (Form 2553) for your business venture, ~ How do you properly complete S-Corporation (Form 2553) correctly when you are NOT late in electing, ~ How do you properly complete S-Corporation (Form 2553) correctly when you ARE late in electing, ~ What are the IRS S-corporation expectations and requirement for your S-Corporation (Form 2553), ~ What are the best 2018+ tax reform business savings for my S-Corporation (Form 2553), ~ What are the best business and accounting apps to use to make running a business easier and are there exclusive offers for them through AdvisorFi.com, and much more! ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp By the end of this S-Corp Bootcamp, your business venture will be in tip-top shape to make your dreams and tax savings become reality. You'll have a complete plan for how to set up your business venture correctly that saves you money and time, and rolling out the best technology that will make business ownership as an S-Corporation a breeze! This online course is the first of it's kind and is the beginning of a series of educational online products to be created by Will Lopez, Founder of AdvisorFi. Needless to say, we are excited to show you how successful business ownership is really done. :) ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp Video tutorial to learn more about how to structure your company, the tax classifications of LLC's and INC's, and how the S-Corporation tax status by a Small Business may be the choice for you! =========== FREE Consultations (CLICK☞): http://meetme.so/freebie =========== RECOMMENDED Gusto Payroll (CLICK☞): https://gusto.com/r/uBiOb =========== Subscribe (CLICK☞): https://goo.gl/o8hRuk =========== Best Playlist (CLICK☞): https://goo.gl/99mHD2 =========== Xero Profile: https://www.xero.com/us/advisors/accountant/2014/advisorficom/ =========== Reasonable Salary: https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/S-Corporation-Compensation-and-Medical-Insurance-Issues S-Corp Calculator: http://www.myllc.com/corporation-calculator.aspx SE Tax: https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employment-Tax-Social-Security-and-Medicare-Taxes LLC Tax Classifications: http://www.companiesinc.com/llc/tax-classifications.asp What S-Corp Approval Looks Like: https://www.irs.gov/pub/notices/cp261_english.pdf =========== FREE Consultations (CLICK☞): http://meetme.so/freebie =========== Gusto Payroll (CLICK☞): https://gusto.com/r/uBiOb =========== Subscribe (CLICK☞): https://goo.gl/o8hRuk =========== Best Playlist (CLICK☞): https://goo.gl/99mHD2 =========== Xero Profile: https://www.xero.com/us/advisors/accountant/2014/advisorficom/ =========== Key Words: S-Corporation, Form 2553, Small Business, Partnership, Sole Proprietorship, C-Corporation, Tax Classifications, Small Business Election, Entrepreneur, Xero, Xero Accounting, Xero Partner Program, Silver Award, Bang the Keyboard, What's In The Box, Unboxing, Debit Cash Credit Life, Not So Shabby, Accounting, Rod Drury, Tsheets, Zenefits, ThrivealCPAs, Gusto Payroll, ★ Please LIKE Comment & SUBSCRIBE: https://goo.gl/o8hRuk ★ Thanks for watching http://AdvisorFi.com ★ Music from YouTube: https://www.youtube.com/audiolibrary/music #Accounting #Business #Taxes
Views: 58738 advisorfi.com
Https://feedbackwrench.com if you're looking for ways to reduce your taxes are how to avoid taxes with your company, these are two different ways that you can drastically reduce your taxes with an s corp. these ideas are not something small, I'm telling you that investing in duplexes and the correct solo 401K can provide tens of thousands and tax savings and can help you transfer money from the government over to yourself. watch this video If you're looking for something to reduce your taxes and trying to find new tax deductions for your small business. If you're looking for tax beneficial investments or different investments that are tax-advantaged, these are it. this is also incredibly helpful if you're trying to study the difference between an LLC and an s corp, and you're looking for ways to reduce your self employment and social security taxes.
Views: 11328 FeedbackWrench
This webinar will focus on the proposed changes to small business taxation by the Liberal Government and how they will impact you. The following subjects will be discussed: -New income splitting rules for corporations -Lifetime Capital Gains Exemption -New CCA rates for 2019 - accelerated write-offs -New Investment Income Rules and Small Business Deduction -Specified Corporate Income - how it impacts you -Changes to Refundable Dividend Tax on Hand (RDTOH) -Increase in Payroll Taxes -New Corporate Tax Rates by Province 15 minutes for Q&A. Follow us on Twitter - https://twitter.com/Madan_CA Like us on Facebook - https://www.facebook.com/MadanCharter... Add us on Google Plus - https://plus.google.com/u/1/108551869... Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
Views: 2177 Allan Madan
PTC TV Episode 1 Content and discussion are provided for informational purposes only. Peoples Trust Company is not a legal or tax advisor and business owners should consult with their tax and legal advisors regarding all legal and tax implications of any and all business planning. Peoples Trust Company specifically disclaims any liability for any direct, indirect, incidental, consequential or special damages arising out of or in any way connected with access to or use of material provided for informational purposes only. IRS Circular 230 Disclosure Peoples Trust Company and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with People Trust Company of any of the matters addressed herein or for the purpose avoiding U.S. tax related penalties.
Views: 26718 Peoples Trust Company
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Views: 31 Eric Reinerstein
Check out our new blog https://www.theincrediblepenny.com ℹ️ Get help with your financial life. https://travissickle_youtube1.gr8.com/👈 💰💰💰 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰 If you are in need of financial planning help you can learn more here. We're happy to help you reach your financial goals. http://bit.ly/sicklehuntermeeting The Tax Cuts and Jobs Act 2017 changed the way taxes are for individuals and businesses. Taking advantage of the 20% qualified business deduction can help a small business to save and improve their overall financial life. The 20% pass-through deduction. 💸 FOR MORE FINANCIAL PLANNING & ASSET MANAGEMENT 💸 Try out our financial planning tool today. https://travissickle_youtube1.gr8.com/ About Travis Sickle: https://www.sicklehunter.com/travis-t... twitter: @travissickle Instagram: https://www.instagram.com/travistsickle/ Company Website: https://www.sicklehunter.com twitter: @travissickle facebook: https://www.facebook.com/SickleHunterFA/ Travis Sickle CERTIFIED FINANCIAL PLANNER™ Sickle Hunter Financial Advisors 620 E Twiggs Street Suite 304 Tampa, FL 33609 TRAVIS T SICKLE, CFP®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™
Views: 142 Sickle Hunter Financial Advisors
FOX Business’ Gerri Willis reports on what the GOP tax reform bill means for the small business owner.
Views: 684 Fox Business
April 15th is almost here – D Day for many small business owners filing their own taxes. Whether you’re an individual or a business owner, filing taxes can be stressful, but the process for small business owners can be especially complex and overwhelming. With constantly changing tax laws and confusing regulations, it can be difficult for small businesses to keep up and ensure they are not penalized. The March installment of Bank of America’s Small Business Social Series will feature small business experts and tax professionals who will discuss strategies that small business owners should consider this tax season and beyond. • Carol Roth, Moderator • David Solis, National Sales Executive Bank of America Small Business • Ebong Eka, CPA and Small Business Expert • Steve Strauss, Small Business Columnist, USA Today
Views: 8008 Bank of America
Find the Best Accountant For Your Business Taxes at https://rcfinancialgroup.com/help-with-cra-tax-letter/ Service us small business tax accountant near me personal accountant near me estate tax accountant near me recommended accountants near me tax services near me Seeking the assistance of a professional tax accountant is the best way to have these questions answered correctly. Many small business owners operate independently and are accustomed to handling everything on their own, including their tax returns. But in a time where taxation is becoming an increasingly complex and specialised area, with tax returns being time-consuming and often tedious to complete, many make the wise decision to turn to professional help. Contact us Addess:-1290 Eglinton Ave E, Mississauga, ON L4W 1K8, Canada PHONE:-(855) 910-7234 Email:- [email protected] Find us https://goo.gl/maps/kqNW1d6T3fC2 Social http://www.alternion.com/users/VaughanAccountant/ https://remote.com/rc-financialgroup https://kinja.com/rcfinancialgroup https://websites.ca/listing/HJgQ-wzHgE/RC+Accountant+-+CRA+Tax https://www.find-us-here.com/businesses/RC-Accountant-CRA-Tax-Mississauga-Ontario-Canada/32999412/ This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions: https://app.contentsamurai.com/cc/289680 Help us caption & translate this video! https://amara.org/v/o26Z/
Views: 2 RC Financial Group
With US taxes due very soon, there are 9 top tax deductions you should be thinking about if you are a full-time YouTuber. In this video, we discuss what business expenses you can and can't claim back if you make a living from YouTube. For more detailed rules on how to claim business expenses, check with the IRS or consult a tax professional: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Deducting-Business-Expenses Read more about tax deductions on ReelSEO: http://www.reelseo.com/tax-deductions-us-youtubers/ What It Takes To Make A Living From YouTube's Partner Earnings: http://www.reelseo.com/youtube-partner-earnings/ GET MORE REELSEO! TONS MORE VIDEO NEWS & TIPS http://www.reelseo.com SUBSCRIBE NOW FOR OTHER VIDEO TIPS AND NEWS! http://www.youtube.com/subscription_center?add_user=reelseo SUBSCRIBE TO OUR PODCAST http://itunes.apple.com/us/podcast/reelweb-video-guide/id527822483 SUBSCRIBE TO OUR EMAIL LIST! http://rseo.co/ReelSEOemail LET'S CONNECT! ReelSEO ► http://www.reelseo.com Google+ ► http://gplus.to/reelseo Facebook ► http://facebook.com/reelseo Twitter ► http://twitter.com/reelseo Linkedin ► http://linkedin.com/today/reelseo.com Pinterest ► http://www.pinterest.com/reelseo
Views: 18073 Tubular Insights
If you run a small business, this video will help you reduce your tax bills. It contains some basic tips every small business owner can apply when completing their tax returns. Although the examples given are aimed at UK tax payers, a number of countries around the world, e.g. USA, Australia, India, etc. have similar tax legislation to the UK and therefore the video may also be helpful to non-UK tax payers.
Views: 1162 S Najam