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The Truth About S-Corps: How To ACTUALLY Pay Yourself

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00:01 - Intro to Payroll
02:09 - Understanding the Trifecta
04:17 - The Kohler Payroll Matrix
06:46 - Payroll Allocation Examples
09:00 - Working with Your Tax Advisor
10:17 - Summary and Additional Resources
#Taxes #scorp #payroll #avoidtaxes #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw

Опубликовано:

29 авг 2024

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Комментарии : 15

@estebanlau2116 13 дней назад

Awesome content, Mark! What if we’re 2 co-owners? Would we take the % of the reasonable compensation matrix and distribute that same payroll between the 2 of us?

@dale5710 Месяц назад

Should we use the percentage Biden did in 2017?

@pastorjosh6046 16 часов назад

Thanks Mark, I'm an ordained Pastor. Can I set up an S corp. as a pastor?

@DrKoser Месяц назад

The camera switching back and forth so much is disorienting Thank you for the information

@AgustinTube07 13 дней назад

Does the matrix's Y-axis (% of profit) represent the total payroll or the payroll for each owner/employee? I ask because in my situation we're two S-Corp owners.

@OffGridNorthIdaho Месяц назад

Mark, I am consistently not seeing links to your deeper dive s-corp video in the descriptions. Can you update the descriptions with the link? Thank you!

@eugenefritz5459 18 дней назад

does the s-corp have to pay capital gains tax on stocks/crypto or does above apply as well?

@brianokeefe5247 Месяц назад

Do you include your own salary with expenses to arrive at the final profit figure for using the matrix?

@christopherdupremd8897 Месяц назад

Does the S- Corp have to pay state taxes on the profits they make and give out as distributions to the partners?

@amyking1750 Месяц назад

An S-Corp is a "pass through" entity. It must file a tax form that reports its income and how much was distributed to owners (K-1s), but those who received the distributions report the income and pay income taxes on their own 1040s. The X-Corp pays no income tax of its own.

@headlibrarian1996 Месяц назад

One thing I don’t like about trusts owning personal bank accounts is ACH stops working. Banks really really really don’t want interpersonal bank transfers to be a thing, so their title checks on ACH transfers will block transfers to and from them. Heck, you can’t even ACH transfer between a personal account and your S-corp account. I had to write a physical check to fund it, very annoying, and I’ll have to write a business check to get money out.

@tonihogan Месяц назад

This might be specific to your bank or the way you're trying to transfer. I don't recall ever having problem moving money within the same bank. In fact, I don't like that some clients have the ability to do this when they manage their own bookkeeping. It really messes of things if they don't know what they're doing.

@headlibrarian1996 Месяц назад

@@tonihogan ACH implies interbank not intrabank.