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How does the S-corp save you Business Taxes? What is the S-corporation? {SIMPLIFIED} 

Business Finance Coach
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Learn what the S-corporation is and how it can save you taxes in your business! This video super simplifies everything about these basics.
If you want to learn more about setting up the s-corp correctly and to save taxes, join us for the FREE training, "#6 Common Mistakes That Business Owners Make With The S-corporation": www.amandarussell.mba/scorpmi...
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19 ноя 2023

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Комментарии : 14   
@eliop23
@eliop23 8 месяцев назад
Thank you so much for this information. Can you also do a video on C corp?
@businessfinancecoach
@businessfinancecoach 7 месяцев назад
What about it?
@Howttwo
@Howttwo 8 месяцев назад
Thank you for this video!
@HERRERACARRIERSINC
@HERRERACARRIERSINC 7 месяцев назад
Thanks for sharing. is this true... The irs requires employees to report all tips received ? But won't allow organizations to report tips given to these employees as a type of expense or loss ?
@businessfinancecoach
@businessfinancecoach 5 месяцев назад
Tips aren't deductible by the employer because they aren't an expense to the employer. What does an employees tips cost you as an employer? Nothing. They are paid by the customer. The employer does deduct their half of Social Security and Medicare tax that they need to pay on the employees tips.
@Trek_West
@Trek_West 6 месяцев назад
I saw your videos on turbo tax home and businesses. Do you know if turbo tax home and business allows you to report capital gains tax? Eveything I have searched I can not find the answer.
@businessfinancecoach
@businessfinancecoach 5 месяцев назад
yes it does. it's the highest personal version and includes everything
@newmhelemish
@newmhelemish 8 месяцев назад
What about LLC and S Corp at the same time?
@businessfinancecoach
@businessfinancecoach 7 месяцев назад
You would have to have an LLC or other legal entity in order to elect s-corp tax status. This is covered in more details in the workshop I mentioned www.amandarussell.mba/scorpmistakes
@FidgetyGuy
@FidgetyGuy 6 месяцев назад
FYI - I signed up to download the Estimated Tax Calculator, but did not receive any email.
@businessfinancecoach
@businessfinancecoach 5 месяцев назад
Check your spam.
@FidgetyGuy
@FidgetyGuy 5 месяцев назад
@@businessfinancecoach I did check and there was nothing there. I'm a website developer. Pretty sure that your email form on website is not working. That means that you're losing business.
@alfagrobd
@alfagrobd 7 месяцев назад
Hello Mem. I have seen your youtube channel very nice. Videos are not getting good views compared to your channel's subscribers. There is something wrong with your channel. Fixing these issues will hopefully help your videos rank better I am a professional digital marketer and SEO expert if you want I can solve your problem.I am wating for your reply.
@businessfinancecoach
@businessfinancecoach 5 месяцев назад
I'm not doing anything wrong. I'm just not making many videos anymore and RU-vid doesn't like that.
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impossible to understand how😨❓
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