This article will show you the 5 easy steps you need to set up an S-corporation for your business, and significantly reduce your self employment taxes.
Tag: Tax Structure
Why You Need To Setup A Holding Company Structure
Entrepreneurs can own multiple businesses in their lifetime. While you could separately own each business, you lose out on potential efficiencies. Learn more about the benefits a Holding Company Structure provides, and why you should consider implementing one.
How To Invest In Real Estate Using Business Profit
This article explains the tax savings from owning real estate, why you should NOT buy rental real estate in your business, and what the ideal structure is to maximize your tax savings.
How The S-corporation Saves You Thousands In Taxes Every Year
CleverProfits’ agency, coaching, and consulting clients. They retain a single layer of tax on all business profits generated while eliminating self-employment taxes for owner-operators.
The Ultimate Guide to Tax Planning For Your Online Business in 2022
It’s 7:00 PM on April 15 you’ve just written a check to the Internal Revenue Service for $23,450. You’re scratching your head wondering why Uncle Sam is getting his, and if there’s anything you could’ve done to save on taxes. The scary thought is that without working with a professional on proper tax planning, you…
The Ultimate Guide to Picking Your LLC Tax Classification
It’s no secret that the de facto legal entity choice is a limited liability company (“LLC”). A limited liability company is the preferred legal entity of choice for business owners because it offers a flexible capital structure and limited liability protection for owners. Flexible Capital Structure With an LLC, you can create an unlimited combination…