Business Credit Unleashed: The Ultimate Tax Guide to Maximize Profits

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Do you use business credit to help fund your business, then you are probably going to want to know how the taxes involved with such work. Luckily, we have prepared a fully detailed video to explain everything you need to know about taxable business credit!
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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

Опубликовано:

4 авг 2024

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Комментарии : 20

@richhands5269 Год назад

My three favorite channels: Karlton Dennis, Stock Brotha, & Richard Fain. Make my week complete!

@CaliforniaGirl1 Год назад

Yes. Cool.

@jimh6233 Год назад

Great stuff!

@lrosado608 7 месяцев назад

If you keep proper track, can you use the business card for personal use?

@ashleydior5462 11 месяцев назад

Do you work with startups?

@DebM122 Год назад

Awesome content that’s extremely helpful. Thank you.

@rolandgruspejr Год назад

Awesome vid/info & the quality is stellar! ✨

@michaelsmith5463 8 месяцев назад

QUESTION: Karlton: How could flight training expense (~$50-80k) be structured as a tax write-off if I'm NOT a commercial pilot yet (Brand new pilot)? (May pay with a personal loan or business credit card)

@TheTcOcK Год назад

Thank god for karlton🙌🏿

@Patricknytc Год назад

You’re videos are pure gold for small business. Thanks for all your effort.

@kylesausser1937 Год назад

Took the words right from my mouth! Wish I knew about SmartCredit before starting my biz. Had a lower credit score at the time and got a loan with higher rates. Took me years to get my score high enough to refinance

@johnking2407 Год назад

I’m watching this video feeling like if my teachers in school where more like him I probably would be a billionaire

@alvine-gy6bk 9 месяцев назад

I have a question ,i just semi-retired in august this year and want to start a business but i can only make 1,770 a month and i've been looking at affililate marketing or Ecommerce business to start or should i just back to working and get off social security .

@alvine-gy6bk 9 месяцев назад

Oh ,i work part time right to supplement my income .

@miguelrivera5128 Год назад

Hey Karlton! Can you please make a video on Kickstarter Sales Tax. Im launching a kickstarter campaign soon for my new product and I am uncertain how sales taxes work for that!

@SgtSam1 Год назад

What if I take out a business loan and use it to remodel my personal residence that will soon be my next STR? Is that still a business expense even though the home is currently my primary residence but soon to become a STR?

@dengjohnny Год назад

Principal tax deductible?

@frankl473 Год назад

Looking to start my own LLC / S-Corp company for day trading purposes - to start off I will be funding it from my personal day jobs after tax dollars... I have a trading account that is linked to my personal SSN but I have not yet placed a trade as Im still trying to figure out my tax designation. I have a fulltime job and Im doing this to supplement my income, I plan to trade currencies regularly... my question is do I need to have my brokerage account open under my new LLC / S-corp EIN in order to take advantage of tax benefits or can it stay linked to my personal SSN and I become the CEO of my newly formed LLC/S-Corp and trade that way? Also would I be using a Sec. 475 tax designation or am I covered under something different in the LLC/S-Corp?